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people invest in silver stocks because...

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touquoy

1,898 Posts.

764

19/12/23

15:23

Post #: 71529744
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Originally posted by Gwydaer: ↑

2024 "could" be significant for the silver price which "if" it launches big time will have very positive effects on the share price. This presentation has a slightly more silver focused tone with references being made to Sorby Hills being in the 1st quartile worldwide for costs to produce lead itself (not including credits) and subsequently highlights the leverage to the silver price. 2 million ozs of silver production a year with production costs covered by the lead, "if" silver rises to US$50 (Lol...) do the math for what the returns would be per year when in production. Currently the financiers are playing hard ball but that "can" change and in the interim we wait and we have the new seismic discovery and a drill campaign for that to add a little spice.

No one cares about the world of "if's", "could's" and "can's" when the project has had milestones continually missed, doeshave real risk to project over the next year, and willrequire a cap raise by mid next year.

Facts over feelings.

$US50 silver? Yikes, not even worth quoting.

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people invest in silver stocks because ...................................................

BML Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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Last 14.5¢		Change 0.005(3.57%)		Mkt cap ! $33.84M

Open	High	Low	Value	Volume
15.0¢	15.0¢	14.5¢	$4.185K	28.23K

Buyers (Bids)

No.	Vol.	Price($)
7	137530	14.0¢

Sellers (Offers)

Price($)	Vol.	No.
14.5¢	27604	3

View Market Depth

No.	Vol.	Price($)
6	121610	0.140
5	192666	0.135
11	186066	0.130
7	145857	0.125
23	681405	0.120

Price($)	Vol.	No.
0.145	27604	3
0.150	435375	11
0.155	144450	3
0.160	166375	6
0.165	326870	5

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