SVL 5.41% 19.5¢ silver mines limited

I've been with SVL quite a time now, having gotten knocked down...

  1. sto
    73 Posts.
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    I've been with SVL quite a time now, having gotten knocked down in 2008/09 and experienced the joys of share consolidation. just recently, I purchased more SVL and made a new investment in IVR.

    Despite the conspiracy chat, and long wait, in my view silver will have its day.

    In the last 10-years or so there has been little appetite and finance available for juniors and exploration. This is where new mines and supply come from. There will be a lag is the process of exploration, discovery, development and production, leading to an affect on supply.

    We've had a year of COVID which has devastated business and economies, and its not over. Governments are responding with massive stimulus. Capital is becoming available and with low interest rates seeking new investments. In addition, given the refreshed interest in solar, green energy electric cars, etc. it appears there is going to be a rising demand of that limited supply. For me, the future for silver, and commodities looks bright.

    Either, silver will benefit from this situation or because of limited supply, new technologies will be created to compensate. This is a risk. Having said that, like copper, silver is quite special and I'm in!
 
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Last
19.5¢
Change
0.010(5.41%)
Mkt cap ! $294.0M
Open High Low Value Volume
19.0¢ 20.0¢ 18.5¢ $1.683M 8.778M

Buyers (Bids)

No. Vol. Price($)
7 127446 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 1153470 9
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
19.0¢
  Change
0.010 ( 2.70 %)
Open High Low Volume
19.0¢ 20.0¢ 18.8¢ 4743759
Last updated 15.59pm 10/05/2024 ?
SVL (ASX) Chart
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