Silver looks like its on its run to $45/oz again. Its a carbon copy of last year's surge up.
If this happens, SVL should be valued much higher then last year's 40cps. The firm has more confidence in its results [being in the measured and indicates status] and have a drilling campaign to start.
If silver breaches $40/oz, all silver shares will head upwards. A rising tide will lift all the ships.
Remember that the junior sector is cyclical...it looks like we are on the start of another upwave.
silver $36.50 , page-4
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $496.7K | 2.951M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38364 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 615122 | 7 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |