if those things come to pass then naturally silver plays will boom.
previously those 2 companies were sprouting their costs at $15 per oz when it was closer to $25-30. they needed silver to be at $40+ per oz to be making $10-15 per oz on 1-2 mil oz's per year. thats still only $15 mil profit per year in a very high silver price environment.
aussie silver plays need to be producing a lot more than 1-2 mil oz's and have a silver price in the area of what you're expecting.
Can SVL become a serious silver player?, page-14
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.8¢ | 16.0¢ | $428.0K | 2.596M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 836617 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1291095 | 30 |
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| Last trade - 13.03pm 08/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |