SVL 1.08% 9.4¢ silver mines limited

Ann: Bowdens Silver Project Appeal Proceedings Outcome, page-117

  1. 824 Posts.
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    "but SVL will lag and possibly miss this 15 year move"

    Firstly don't be too certain about that, because the crowd will be looking for anything silver related and history has shown time and again that the crowd throw out all rationale when FOMO kicks in.
    Secondly, talk that the mine is now done and dusted is frankly pessimistic to the extreme. As has been pointed out, the only thing that voided the IPC approval was the power line and a technicality. Nothing else has changed from the original approval.
    Posters talking about the mine having to go underground etc, totally flies in the face of the IPC approval and what the appeals court made ruling on. There was never any mentioned in the verdict in relation to the mine itself. Nothing. It was 100% centered on the power line and the omission of the power line during the approvals process.

    If there's one thing the market excels at, that is, making very broad assumptions.


    Last edited by deserthead: 17/08/24
 
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