Ann: Director Appointment/Resignation-SVL.AX, page-37

what i would do - based on a positive commodity price scenario - is jv with an operations specialist major - remove the capex and team build up demands in return for a substantive minority free ride.

silver price of 1000 usd is so much pipe tabakky - but i think a sustained 35-50 usd silver price with a pop to 80 is entirely credible given the enormity of the global debt debacle and the shift occuring between usd and yuan as the global reserve currency over the next 30-50 years

and while that shift will be gradual - the move to gold/silver occurs from now because of US prematurely weakening itself

but i dont see any likliehood of moving back to PM backed currencies - which is what 1000usd infers. ie that no one trusts paper anymore,

but in meantime gold/silver are the natural votewinners of a transition shift in trust as the US deal with its move into mature, lower growth economy while servicing the absurd debt they have racked up

it doesnt need collapse. it just needs perpetual financial stress.