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.
Any plans to go to production would be very vague as it would be...
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $218.6M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.3¢ | $351.7K | 2.412M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1578089 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 861371 | 15 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SVL (ASX) Chart |