Honestly the market cap is insane. The largest undeveloped...

Honestly the market cap is insane. The largest undeveloped silver resource in the entire country. One of the largest in the world potentially after the underground scoping study. And we have a massive brownfield exploration just 10km away. The could be mining this whole area out for the next 30 years considering Bowdens is already at 16 years with more areas to explore + underground + Barabolar.

They estimated an operating margin of roughly 40-50million a year over the 16 years for a total of 808.0m AUD. Combine that with the undergound and extensions and the Bowdens mine is looking at making well over a billion AUD in just cash. Quite the operation indeed. So the market cap for the company would be at least that if not higher. I find it hard to see how SVL enters production at less than at least 300-500mil MC.