SVL 2.94% 16.5¢ silver mines limited

Ann: 96% RECOVERY OF SILVER TO BULK SULPHIDE CONC, page-7

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    re: Ann: 96% RECOVERY OF SILVER TO BULK SULPH... fbx,

    probably from investors who can see value in the project. The way I see it, we're probably looking at $100m max for the processing mill. Say, the mineable orebody reaches 20Moz Ag equivalent at 80% overall recovery, at opex of $15/oz and silver sold at $30/oz then the overall profit for the mine will be $140 million. The company is market valued at $9m atm, by my estimations, it's a potential 15 bagger. If the PFS results come anywhere near my expectations, most people with money in their hands will jump at the opportunity.
 
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