SVL 3.33% 15.5¢ silver mines limited

Hey, Company is in the penultimate stage of getting mining...

  1. 230 Posts.
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    Hey, Company is in the penultimate stage of getting mining licences etc to me biggest hurdle was the last approval, appears to me that the next NSW approval process is largely in the bag. But the "fat lady hasn't sung" yet, so that could be part of it. Secondly mining stocks are still at all time lows so maybe the appetite for commodities hasn't caught on yet. What so good about SVL, well I think there's around 48 million Oz down there, these days a large deposit for for largely a Ag play, most Ag comes from Mexico and South America, so I think SVL is kind of a novel commodity play here in Australia outside of Broken Hill. Then it depends on your view on Ag. I love Au, but Ag is a whole other game, but that's a rabbit hole I'm not gonna go down here now, DYOR cheers
 
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15.5¢ 15.5¢ 15.0¢ $278.9K 1.819M

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17 553598 15.0¢
 

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15.5¢ 1413088 11
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