all that matters is the gold/silver ratio, the gold silver ratio isnt even close to its 20 year average of 60. With inflation getting out of control and the unprecedented stimulus actions by central banks, its not hard to figure out the path of least resistance for silver... Silver has an incredibly long way to go for it to be historically expensive compared to gold....
A.M. was saying that once Silver gets above AUD $30 an oz the economics of the Paris silver project become very attractive. This CR will be a lot about advancing this project further, drilling, PFS etc....
IMO IVR will be closing the valuation gap on SVL soon enough as we have superior higher grades and without the social impediments due to location of the deposit
Exciting few months coming up!
DYOR
Silver Stocks Booming, page-132
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Last
4.6¢ |
Change
-0.002(4.17%) |
Mkt cap ! $73.08M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.8¢ | 4.4¢ | $261.4K | 5.726M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 500000 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 499700 | 3 |
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| Last trade - 15.47pm 01/11/2024 (20 minute delay) ? |
| IVR (ASX) Chart |