SVL 2.50% 10.3¢ silver mines limited

$200 an Ounce for Silver Could be Coming?, page-545

  1. 117 Posts.
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    As has been explained to you over and over again.. it was not a bonus. It was part of the initial purchase price from back in 2016. I've pointed you previously to the exact paragraph in the Notice of Meeting before. NOT A BONUS!!

    Management took a pay cut when things were tight. Thank you!

    What have they done? Well... increased the resource, completed an ore reserve, discovered a high grade component at depth, completed a feasibility study, lodged an EIS and mining licence application, conducted a lot of regional exploration, including finding new gold mineralisation to the south (on a trend in NSW that is really hotting up).. and if you go through their accounts and call the company (like I've taken the time to do), you'll alao see that a lot of money has been spent on purchasing farms, presumably that needed to be bought for the mine.

    And all of this was done in roughly 4 years. Pretty damn good, 10/10 from me. There's a reason why they keep getting A-grade institutional support - coz they're top notch operators!!


 
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