SVL 3.23% 16.0¢ silver mines limited

As has been explained to you over and over again.. it was not a...

  1. 117 Posts.
    lightbulb Created with Sketch. 22
    As has been explained to you over and over again.. it was not a bonus. It was part of the initial purchase price from back in 2016. I've pointed you previously to the exact paragraph in the Notice of Meeting before. NOT A BONUS!!

    Management took a pay cut when things were tight. Thank you!

    What have they done? Well... increased the resource, completed an ore reserve, discovered a high grade component at depth, completed a feasibility study, lodged an EIS and mining licence application, conducted a lot of regional exploration, including finding new gold mineralisation to the south (on a trend in NSW that is really hotting up).. and if you go through their accounts and call the company (like I've taken the time to do), you'll alao see that a lot of money has been spent on purchasing farms, presumably that needed to be bought for the mine.

    And all of this was done in roughly 4 years. Pretty damn good, 10/10 from me. There's a reason why they keep getting A-grade institutional support - coz they're top notch operators!!


 
watchlist Created with Sketch. Add SVL (ASX) to my watchlist
(20min delay)
Last
16.0¢
Change
0.005(3.23%)
Mkt cap ! $241.2M
Open High Low Value Volume
15.5¢ 16.5¢ 15.5¢ $409.0K 2.553M

Buyers (Bids)

No. Vol. Price($)
8 206187 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 941680 20
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
SVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.