I knew I wasn't far off the prize when I was dredging through the figures. Seems SLV savings are worth around 5 cents per share to every shareholder, thats not bad for a cost of $2.2M, saving around $5-7M each and every year. There's also a note about the risks in annex 4 which shows that they don't have to report their interests. This is an issue in the long-term but I overall all good for us SLV. The 5 cents is based only on 50K ounces per annum and rises as production does. Not bad ay?
SLV Price at posting:
90.0¢ Sentiment: None Disclosure: Held
