I take note of what you are saying silveroo, however I beg to differ. As mickey and others have pointed out, mining at these levels is not profitable for SVL.
At the peak in 2011 when silver spot price hit $40 SVL was trading as high as 30c! Was there any mining taking place around this time? I don't think so.
The next leg up will be like nothing like you have ever seen! A once in a generation move of epic proportions. SVL is poised to benefit when silver goes to the 7th heaven.
GLTAH
Risks with SVL?, page-42
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Last
16.3¢ |
Change
-0.003(1.52%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $372.5K | 2.299M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 1193512 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 730300 | 20 |
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| Last trade - 12.19pm 16/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |