SVL 3.03% 17.0¢ silver mines limited

Ann: Trading Halt, page-43

  1. 900 Posts.
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    Did you really just make an assessment of the mine based on the weight of minerals extracted? Just no. You asses based on the value of the minerals and when you do that using the quantities you quoted, you get in the ground values as follows using today's prices. It is an out-and-out silver mine with Zn and Pb generating a bit of 'spare change'

    52.9 M Oz Ag x $22.36 Oz = $11.8B

    108,000 t Zn x $2,444 t = $263M

    79,260 t Pb x $2,145 = $170M


    Last edited by Fernit: 06/02/24
 
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