Higher silver prices will lead to money flow into the precious metal sector. It tends to move towards the major producers and then filters into the mid tiers and quality juniors. As such, you are absolutely accurate in your post...
The high head grade of SVL's project will be watched closely by the big boys. However, we need more confidence in the pit model and resource estimates. 2012 will be an interesting year for the juniors.
In my opinion, silver will test the $50 base price once more. If SVL increase it's resources and keeps it's share register intact, we should see a share price above 40 cps. It's a when event and not a if event. As such, I will be watching the spot price intently.
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $248.8M |
Open | High | Low | Value | Volume |
17.0¢ | 17.5¢ | 16.5¢ | $496.7K | 2.951M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 38364 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 615122 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6049 | 0.165 |
33 | 2224943 | 0.160 |
24 | 1249151 | 0.155 |
38 | 1305638 | 0.150 |
18 | 975061 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 570562 | 6 |
0.175 | 3014720 | 23 |
0.180 | 2405098 | 22 |
0.185 | 904176 | 11 |
0.190 | 1007923 | 19 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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SVL (ASX) Chart |