Based on the following announcement we are due some interesting results.
"New contained silver resource is more than double the previous estimate which was 4.6 million ounces of silver in the inferred category.
Average grade increased by 30% from 200g/t to 256 g/t Ag. Base metal grades also increased.
Cut off grade maintained at 70 g/t Ag.
A portion of the resource is now classified as Indicated.
Resource remains open to the south and at depth.
Near surface potential exists in undrilled areas along the trend and above deeper mineralised intersections.
Additional drilling to commence shortly to further extend the mineralised area as well as upgrade the existing resource to a higher JORC level."
I also like Nathan's comments:
"Still accumulating this stock at these ridiculous prices. If anyone knows anything about the coming inflationary pressures, they would want to hedge into precious metal assets pronto."
"SVL with their high grade, near surface vein deposits are in prime position for a rerate. When we get their new drill results and more continuity along strike, things should get really interesting."
Good luck to all holders.
Newminer.
- Forums
- ASX - By Stock
- SVL
- beyond charting
beyond charting, page-48
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SVL (ASX) to my watchlist
|
|||||
Last
8.8¢ |
Change
-0.001(1.12%) |
Mkt cap ! $132.7M |
Open | High | Low | Value | Volume |
8.9¢ | 9.1¢ | 8.7¢ | $631.6K | 7.144M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 201385 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 88566 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 179389 | 0.087 |
12 | 694386 | 0.086 |
23 | 1170730 | 0.085 |
5 | 734586 | 0.084 |
7 | 797715 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 88566 | 1 |
0.089 | 1105000 | 3 |
0.090 | 917786 | 2 |
0.091 | 92786 | 1 |
0.092 | 100000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
SVL (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online