SVL 3.13% 15.5¢ silver mines limited

The way I see it, they have $175m ounces in ground, so once...

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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
15.5¢
Change
-0.005(3.13%)
Mkt cap ! $233.7M
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15.5¢ 16.0¢ 15.0¢ $517.4K 3.378M

Buyers (Bids)

No. Vol. Price($)
50 1265604 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 453960 4
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
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