SVL 4.55% 11.5¢ silver mines limited

Still no progress on the pipe line to supply water. A lot of...

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  1. 671 Posts.
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    Still no progress on the pipe line to supply water. A lot of land holders that don't want a pipeline through their properties in the area & coal mines with pre-existing water commitments that are meant to be supplying the water.

    Interestingly enough a feasibility study was done to reinstate an existing railway line going right past the doorstep of the proposed Lue Silver Mines operation. Not one mention of an expression of interest from Silver Mines as an interested party.
    One would think a project of this size would express interest in the reinstatement of a railway only km's away instead of transporting ore by road to port/other rail facilities if the company planned on mining & not just hoping to get the project bought out of course rolleyes.png.

    https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjvhvT67r7yAhUj9nMBHXZZDEgQFnoECAIQAQ&url=https%3A%2F%2Fwww.transport.nsw.gov.au%2Fsystem%2Ffiles%2Fmedia%2Fdocuments%2F2020%2FKandos-to-Gulgong-Line-Reinstatement-Feasibility-Study-Executive-Summary.pdf&usg=AOvVaw2xKE_nMAtQN7QFyhsOMBav

    Really struggling to see the value of this company at $248M when the basic fundamentals aren't met to create a mine.
 
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11.5¢
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10.5¢ 11.5¢ 10.5¢ $635.0K 5.858M

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11.5¢ 772626 7
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