"SVL a classic example. They always talk up their 396Moz AgEq but look further and only 189Moz of that is actually silver, which again seems quite large, however according to their FS over a 16 year mine life they will only recover 53Moz."
Just a correction that you've used the 16-year mine life number from their 2018 feasibility study which was based on just 66 MOz of Ag (actual, not equivalents) and then applied this to the updated resource estimate from 2023 which has a lot more silver - triple the amount in fact.
IVR Price at posting:
5.5¢ Sentiment: Buy Disclosure: Not Held
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