Sorry mate, I agree that sentiment is important but all that's required for sentiment to improve is for momentum to kick in. If they were mining tomorrow it would be a $400M asset with $250mp.a. in annual revenues trading at a $350m market cap.
That's just not going to happen. If that were the case you'd see a hostile takeover quicker than you could blink. There's still some uncertainty around mine finance and another possible capital raising followed by a share consolidation. That's what's capping price ATM.
Once this is resolved you'll see this trade closer to it's fair value a little under $0.5 5 years would be closer to $2 imo
Ann: Bonanza Grade Silver from the Aegean Zone at Bowdens Project, page-59
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SVL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $229.9M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $35.76K | 230.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 86 | 2796452 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 993896 | 25 |
View Market Depth
| Last trade - 11.23am 22/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |