c1 total cost is pretty low and would be viable, probably above US$18/20, but not sure on that. It did dip briefly below $14 in May 2020, but has been above $18 since. I think silver has also probably been held down in recent times, so I’d expect even higher prices ahead.it is very unusual as I said, for them not to give a simple guide on production timing.
When things were obviously delayed, no mention of why and what caused it. Management don’t seem responsive enough for mine. That and the very high $750,000/year take out, are warning signals and unless someone has some information about timing and why the delays, I doubt I’ll invest. I’ve made most money over the years (since 1989) in companies with very good management, who kept shareholders fully informed. I’ve also lost most money in companies with not so good &/or unresponsive management.those quality management companies always saw directors taking very little out. They knew what they had and their rewards would be in significant SP rises down the track. We had 2 x 40+ baggers, 2 x 20+ baggers and around 10 x 10 baggers back in the day. All of them had quality management. cheers, ned.
SVL Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
