LTH. Obviously there are several things impacting on the SVY...

LTH.
Obviously there are several things impacting on the SVY price as we've seen over the last two years, sentiment, shorters etc.
This post just a thread on the commodities picture. And no-one has a crystal ball.
As far as I can tell SVY is that slow train coming and the JORC and the assays to come from new ground in the Stavely Arc will hopefully come around the time the commodity cycle is in full swing.
Opinion only. DYOR as usual.

Excerpts from the * article today:

'With inflation on the march and supply chain bottlenecks across broad sections of the economy, we are entering into an extreme phase of the economic and therefore, the commodity cycle, that is torn between supply side pressure and slowing economic growth.'

'Historically rising energy prices have been closely correlated with rising base metal prices as input costs rise to produce these metals ...'

'The big mover last week was copper closing at US$4.71/lb only 13 cents off its all-time high (figure 2).

The 2-month futures contract is now in contango, and LME inventories are nearing (figure 3) a 47-year low. Goldman Sachs is predicting LME inventories will be at all time lows by the end of CY 2021.'

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