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1.08% 9.4¢ silver mines limited

Ann: Trading Halt, page-12

  1. Fernit
    1,017 Posts.
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    01/02/24
    13:22
    Post #: 72184121
    From their website, their estimate was $246M but that's 2017 numbers so will easily start with a 3. So yeah, will be a lot but that's what a new mine costs, but they have a massive resource and LOM potentially up to 80 years so debt financing shouldn't be a large barrier, especially with a new CEO who's a finance guy.

    https://www.silvermines.com.au/projects/bowdens-silver-project/


    Last edited by Fernit: 01/02/24
    SVL Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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