I just tried to speed-read the last few capital raising announcements. Correct me if I'm incorrect.
December 2016: issued 32 million shares at 16.5c to raise $5m
October 2017: issued 53.75 million shares at 8c to raise $4.3m
April 2018: issued 66.6 million shares at 4c to raise $2.75m
So aside from the pain of ever-accelerating dilution, at the approximate rate SVL has burned cash in the past, this would fund roughly another 5 months of watching the share price fall while waiting for a silver price spike, oops sorry I meant doing further exploration, feasibility study and EIS etc.
In a world of Trump unleashed, Putin meddling, China getting a dictator, and all the other crackpots and nuclear powers doing their thing, amid overcooked markets and accelerating technological change, maybe that's an interesting bet? Do your own bloody research, for google's sake.
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