One to put away in the back draw for a few years this one.
If you think about it, 33 million ounce resource of silver (probably more) so if silver in AUD just reaches $31 per ounce over the next few years (very possible), that's $1 billion worth of silver in the ground for a market cap of $21 million.
Not the most comprehensive analysis I know but an interesting case for the company deserving a higher SP. Some great grades in the latest drill too
IVR Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
but an interesting case for the company deserving a higher SP. Some great grades in the latest drill too
