In a recent interview ( 9 September 2022 ) the managing director...

In a recent interview ( 9 September 2022 ) the managing director of Silver Mines Anthony McClure said, "We should see mine approvals completed by the end of this year, but it could roll over into early 2023."
https://www.google.com/amp/s/unauthorised investment advice/aftermarket/unicorns-podcast-silver-mines-svl-the-sleeping-giant-of-the-asx/%3famp

Hedging his bets, again. He said the same thing in 2021. Sounds like the story with the rigging of the spot paper price, meanwhile, the metals dealers, and online spruikers, GooToob metal channels, predictive talking heads, and all the rest are making hay while the sun shines.

Eventually, though, the network of interconnected liabilities will start to unravel, in a similar (though vastly larger) re-run of the ‘credit crunch’ of 2007. At this point, credit flows dry up, because nobody knows which counter-parties are or are not viable.
( unregulated OMOs are by definition, "opaque." No one knows who's holding the biggest bag of toxic derivatives and no one wants to be first to blink before the rest of the herd jump off the cliff )

“All roads”, it’s said, “lead to Rome”, but all of the discernible trends in the financial system point to financial implosion.

As abundance ends, so, too, must any system that is predicated entirely on its infinite continuance.

SVL might just end before the shovel hits the dirt and the first sod is turned over.