Might I add, even for Rick Rule to show interest, shows that we are seen by others overseas. $30M is not hugh for RR, HL or VC companies but again shows that these big boys have confidence in this mine getting up!
I would also add, First Majestics' Keith Neumeyer has a team actively searching for new Ag silver mines with greater than 10LOM (as we speak, stated last week).
SVL is 400Moz, and >15yr LOM this would definately be on his radar! IMO of course.
IVR has only a 6yr LOM (although low capex), but too many distractions (tungsten and copper) and therefore hugh capital expense ahead of it.
BML, has numerous issues IMO, and too much lead.
MMA and SS1 still to early in their endeavours.
So for me there is only one winner, and a potential T/O target....??? SVL all the way!
Ann: SVL Secures A$30.2 Million Convertible Debenture Funding, page-16
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