nathan21,
Not all ideas are good ideas, a scoping study is designed to show you have a project that can be progressed onto more bankable studies. Producing a study with limited information and resources giving cash cost in the fourth qtr was not a good idea and gives the impression it is a problem project....Why not delay until further work could have been completed, this study timeline was only a management timeline.
The current recoveries are ordinary, most of the silver revenue will be derived from a lower value mixed lead zinc con, previous work showed they may also be hit with arsenic penalties, cash costs also need to fall so management dont need to plug in $40/oz for revenue. Poly metallic mines that make alot of money have or approach negative cash costs, SVL is at the other end atm.
They can turn this around but clearly from the sp and constant selling the market is waiting for these signs to again give SVL some leverage to the silver price (short term bottom looks in btw).
Posted many times, asx silver stocks are limited and not impressive compared to peers on other markets.
- Forums
- ASX - By Stock
- SVL
- bonanza grade silver
bonanza grade silver, page-22
-
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SVL (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.8¢ |
Change
0.003(2.17%) |
Mkt cap ! $177.1M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.5¢ | $569.3K | 4.805M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 1784041 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 1380058 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 1784041 | 0.115 |
28 | 1879622 | 0.110 |
19 | 3922058 | 0.105 |
37 | 1220427 | 0.100 |
7 | 1122181 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 1402797 | 29 |
0.125 | 1184659 | 27 |
0.130 | 1609874 | 15 |
0.135 | 1059265 | 10 |
0.140 | 563312 | 12 |
Last trade - 13.49pm 17/10/2024 (20 minute delay) ? |
Featured News
SVL (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online