Not sure why I was singled out! Some people see what they want...

Not sure why I was singled out! Some people see what they want to see I suppose. I clearly showed the upside of SS1 at $50Ag & $3,000Au.

But to continue on with your constant wish to compare SS1 with SVL (Noting that I hold neither), well I will provide you with one very important metric that should be taken into consideration when comparing the two projects;

STRIP RATIO

SVL = 1.6:1
SS1 = 5.8:1

So on todays closing spot price, SVL has to move 2.6T of dirt to deliver A$119.84 worth of ore. SS1 has to move 6.8T of dirt to deliver $161.67 worth of ore. If we break those figures down into the valuation per ton of dirt moved then we get;

SS1 = $23.77/T
SVL = $46.09/T

So whilst SVL has the lower grades, it should considerably less mining costs of SS1.

Below is my spreadsheet with the latest peer comparison at this mornings closing spot prices. I have updated BML & MMA to include the shares from their respective capital raisings that are still in progress. MMA has one project but will be developed separately initially targeting the Pb/Ag resource. They intend starting on the Pb/Ag resource which wraps around the Cu/Au resource.

One metric I look at is the metal value per MRE ton and then separate into open pit or underground operations.

The second spreadsheet shows the respective upside using future prices of USD $50oz Ag, $3,000oz Au, $2,450/T Pb, $3,350/T Zn & $6/lb Cu. For comparison of metal value per MRE ton between present and future.

IMO, an apples-to-apples comparison for SS1 would be with ABRA, MMC (small resource) and maybe USL.