Silver + lead, page-9

I've been, in and around BML since the early PMY days and read across the silver sector occasionally when the usual silver hysteria sets in. Most don't seem to realise that funding a project like SVL or IVR is next to impossible unless silver prices stay consistently high to justify the capex spend which as we all know isn't how the silver market behaves. BML is potentially the most boring silver play out there and that is also why it will get funded as it's a lead mine with silver credits. Regardless of how high or low silver prices are a DCF model is straight forward as lead pricing profile is comparatively stable making funding predictable for the financier.