USL 9.68% 14.0¢ unico silver limited

Thanks for the update Wack I believe Todd is controlling what he...

  1. 8,987 Posts.
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    Thanks for the update Wack

    I believe Todd is controlling what he can control. Adding acquisitions and ounces in the most cost effective way. The timing of this with other parties and governments playing there part can't always be controlled or accurately anticipated. Confident it will happen in time though

    The other thing outside his control is the silver price. I think silver can be looked at analagous to crypto as you mentioned but also Uranium. They have a similar type of history of price reactions.

    The below chart of the ratio of silver to S&P500 to me shows a very explosive setup and base. We have 100% outperformance just to reach the 2020 bull peak but we could see much higher than that if we look back further. 100% still gets us to circa A$70/oz. If you assume we trade even 2% of spot price per ounce in the ground and we have 150Moz then that is a long way from here.

    Pie in the sky til its not. Todd doing the hard work now, one day sentiment will do the rest.

    upload_2024-2-2_14-54-42.png
 
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