Looks a very risky share price at the moment and a long time to production with no guarantee as to what the silver price will be when and if production ever commences.Silver itself could fall back after its parabolic run up, and $20 to $25 may be tested. This would affect the economics of this Project.With $100 million possible capex it looks as if the share price is not as cheap in terms of 'Adjusted Fully diluted Market capitalisation".
One may also think that the grades could be better.
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.26M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $53.77K | 2.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2535204 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 679965 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| ARD (ASX) Chart |