SVL 0.00% 15.5¢ silver mines limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

  1. 5 Posts.

    Hi handyman1, I too was curious about the 'Proceeds from the Sale of Investments" and found this from page 65 of the latest annual report (NOTE 24: EVENTS SUBSEQUENT TO REPORTING DATE):


    Redemption of Redeemable Preference Shares


    In August 2023, the Company fully redeemed all redeemable preference shares in Enable Investments Pty Ltd of $5,349,356.


    As far as I can tell, they are still waiting for the mining lease to be granted. The application was submitted in March 2021...
 
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