Totally agree expenditure is too way high and too much being spent on drilling (I think mainly to justify their jobs). Cash burn needs to be scaled back immediately. What they need to do is work on the resource they have got, get the feasibility through pronto. The fact this hasn't been done yet indicates there could be some conjecture regarding the economics at current silver prices. They will need to raise money this 1/4 and the way it is looking next raising could be around .065.
Ann: Response to ASX query, page-4
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SVL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.0¢ |
Change
0.010(11.1%) |
Mkt cap ! $150.8M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 10.0¢ | 9.1¢ | $1.680M | 17.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 116010 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 565344 | 11 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SVL (ASX) Chart |