SVL 2.94% 16.5¢ silver mines limited

jorc or production date?, page-2

  1. 1,932 Posts.
    Any plans to go to production would be very vague as it would be at least 2 years away probably more like 3-5 years.

    As for an updated model, and this I belive is what potential investors such as myself will be looking at, it is due when (to paraphrase) 'several important drill hole assays are completed' So possibly within 2 months. What I will be looking for is a significantly reduced cost/ounce and more detailed information regarding what their processing plant will do and preferably a ball park figure of the cost of the plant.

    As it stands there is too great a risk that the silver spot price will fall below economical levels, although my gut feeling says it wont and SVL will reduce cost/ounce + increase JORC resources. Buying now is taking that punt.
 
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17.0¢ 17.5¢ 16.5¢ $496.7K 2.951M

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3 38364 16.5¢
 

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17.0¢ 615122 7
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