SVL 0.00% 15.0¢ silver mines limited

As most of the plant to build a mine would be paid for in USD...

  1. 333 Posts.
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    As most of the plant to build a mine would be paid for in USD it's largely irrlevant what price Silver gets to in AUD. $US25 is the number being thrown about as where the price needs to be for there to be a bit of profit in mining. Whether or not Silver gets to $US25 is largely irrlevant at the moment also. SVL is proving to be a pretty good leveraged hedge to any movement in the price of Silver. Worry about major dilution and fianancing when we need too.
 
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