SVL 6.25% 8.5¢ silver mines limited

announcement out, page-35

  1. 3,351 Posts.
    Market sentiment SleepingWolf...we have had several economic and political upheavals since. We also had major climatic events happen that have put a breather to all stock markets especially the Australian exchange. My gut feeling is that we will reach those values...it is a "when" event and not an "if" event.

    If SVL gets their drilling results going, disseminates a 40-50 million ounce deposit with favorable economics on low cutoff grades and the silver spots keep rising; then 125cps may be actually too low.

    Most of my silver plays with 50++ million ounce deposits are above 120 million in their market cap.

    At the moment, we need to consolidate at 40cps and then 50cps...we will get there. Its a matter of patience and continuous reassessment of news releases.
 
watchlist Created with Sketch. Add SVL (ASX) to my watchlist
(20min delay)
Last
8.5¢
Change
0.005(6.25%)
Mkt cap ! $128.1M
Open High Low Value Volume
8.2¢ 8.9¢ 8.2¢ $2.355M 27.60M

Buyers (Bids)

No. Vol. Price($)
8 565091 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 910000 5
View Market Depth
Last trade - 16.10pm 20/08/2024 (20 minute delay) ?
SVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.