Both deposits have nearly same pure silver resources, exceptSilver mines is hard rock low grade & zinc, lead credits. Sun Silver soft carbonate rock higher grade + gold credits.
If the mineralisation under Sun Silver JORC resource takes the resource much larger, visually say maybe, 70% larger?Approximately 500Moz 70% larger,Then wouldn’t a fair value comparison to be x 12 x 1.70 = 20 xSo share price $4
Largest silver play ASX, page-5
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Last
59.5¢ |
Change
-0.015(2.46%) |
Mkt cap ! $41.45M | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 60.5¢ | 58.5¢ | $185.3K | 311.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23956 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 14400 | 1 |
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| SS1 (ASX) Chart |