Agreed, I can't see why anyone would risk 10s of millions on a worst base 2.2 years of profit. SVL is 15+ year project for silver exposure but there are many 40+ year mine life projects out there right now wich promise decades of revenue. Choice is everywhere for mine investment and a mine with 2-4 years of profit in it with no opportunity for increasing production YoY because the resource is so small is in my opinion not worth pursuing.
Get your hands on a 40 year project, ramp production up til you double what you're digging and its still 20 years of high revenue. Definetly think IVR is way too small
Agreed, I can't see why anyone would risk 10s of millions on a...
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $76.02M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.9¢ | 4.8¢ | $80.69K | 1.678M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 220800 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 223762 | 3 |
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| Last trade - 14.50pm 19/07/2024 (20 minute delay) ? |
| IVR (ASX) Chart |