Market sentiment SleepingWolf...we have had several economic and political upheavals since. We also had major climatic events happen that have put a breather to all stock markets especially the Australian exchange. My gut feeling is that we will reach those values...it is a "when" event and not an "if" event.
If SVL gets their drilling results going, disseminates a 40-50 million ounce deposit with favorable economics on low cutoff grades and the silver spots keep rising; then 125cps may be actually too low.
Most of my silver plays with 50++ million ounce deposits are above 120 million in their market cap.
At the moment, we need to consolidate at 40cps and then 50cps...we will get there. Its a matter of patience and continuous reassessment of news releases.
announcement out, page-35
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $233.7M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.0¢ | $559.5K | 3.600M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 2920449 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 309236 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |