This is starting to look worth a small starter position, likely to move into the group of developers looking for funding soon. Sadly the critical minerals government facilities don't seem to recognise silver as critical which in my opinion it should. This then limits the funding options available. The issue I see unfortunately is with share price. Any appreciation, you would expect the board to greenlight a CR. Then it's go time. In the meantime you are stuck waiting paying an opportunity cost. My opinion is why wait here, just keep a small position so you can participate in the SPP when it arrives and top up on the CR price drop/offering. TBC I mean the large one that funds to production, not small "keep the lights on and do some drilling" ones.
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This is starting to look worth a small starter position, likely...
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