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70.0¢ mallee resources limited

MYL chart thread, page-208

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fincmifr

500 Posts.

178

29/09/20

15:14

Post #: 47711340
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Originally posted by fincmifr: ↑

SVL is much more leveraged to silver price.
to illustrate the example crudely, if 100% of their resource is silver, and 33% of MYL's resource is silver by value, you'd expect their share price to have 3x more volatility driven by changes in the silver price.

silver price increased by roughly 40c/oz over the same period you're referring to.

If all you want is silver exposure because you think silver is going to $50/oz head over to SVL. Mineral diversification makes MYL much lower risk (in terms of metals price) and incidentally far less volatile.

Expand

to illustrate the point on leverage. If you put SVL and MYL against the Silver price on % change basis since April 6 you can see the effect:

SVL is black, MYL orange, and Silver price blue.

MYL Price at posting: 8.2¢ Sentiment: Hold Disclosure: Not Held
19 Upvote

3 Great analysis

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