MMA 4.65% 22.5¢ maronan metals limited

Silver resource companies I follow spreadsheet updated as 30...

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    Silver resource companies I follow spreadsheet updated as 30 December 2023. Companies in green have resources at the measured/indicated status. Maronan has had a good increase over Xmas.

    The larger resource lead companies in this spreadsheet have seen significant declines in their resource valuation due to the pathetic performance of the lead price. As an example, MMA had about 12M/oz more silver equivalent ounces than SVL but due to the drop in the lead price, SVL's silver equivalent resources now stand 81M/oz higher than MMA. That is a 93M/oz turn around due to weak lead prices and in SVL's case an outperformance in the zinc price which SVL has almost triple the resource of compared to lead. Only 3 weeks ago the difference between lead & zinc was US$300 and it is now US$600. So zinc has outperformed lead significantly.

    https://hotcopper.com.au/data/attachments/5854/5854715-1752329e4f533466129562ca2da98902.jpg
    https://hotcopper.com.au/data/attachments/5854/5854721-e8025f80fd04429de23e6e364e4be36f.jpg
 
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