SVL 3.45% 14.0¢ silver mines limited

Maybe it is time to buy more SVL!, page-200

  1. 482 Posts.
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    The way I see it, they have $175m ounces in ground, so once silver hits a price where it is mineable, for every dollar silver goes up, SVL should theoretically go up $175m USD. obviously this doesn't take into account the extra costs of mining the harder to reach ounces, however even if you discount this 10 fold, a $17.5m rise every dollar silver goes up would see the share price go stratospheric.

    I could see a market cap of $1bn+ at $84 dollar silver

    Considering silver is up 6.5% in September, there is very little selling. The stock market is always slow but will catch on once the bull market is properly established
 
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Last
14.0¢
Change
-0.005(3.45%)
Mkt cap ! $211.1M
Open High Low Value Volume
14.0¢ 14.5¢ 14.0¢ $153.9K 1.093M

Buyers (Bids)

No. Vol. Price($)
56 3884921 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 922000 16
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Last trade - 16.10pm 08/08/2024 (20 minute delay) ?
SVL (ASX) Chart
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