The only pure silver miner on the ASX is SVL......Its price has risen from 5 to 13c since July. Has a MC of $98m today.
Its DFS has a NPV of $143m with the silver price assumed at USD $21.50 and a initial capital cost of $246m. It does not have environmental approval or funding yet. It presently has bigger resources than Sorby and a higher silver content - compared to Sorby's FS with NPV of $243m.
Because of the higher silver content it has greater leverage to the silver price BUT it is a lot more costly to develop.
I see it is getting the weight of capital from its unique positioning as the ASX's only silver miner as the silver price rises.
When PMY is re-positioned as a silver miner we should expect more capital seeking a home. (A reminder - PMY acquired Sorby from the Receivers of KBL. KBL's PFS positioned Sorby as a Silver miner and KBL was a precious metal miner with another gold mine).
V
- Forums
- ASX - By Stock
- BML
- Silver stocks on the run
Silver stocks on the run, page-6
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BML (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.07M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.5¢ | $84.21K | 725.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 75978 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 107986 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8978 | 0.115 |
8 | 363659 | 0.110 |
7 | 495000 | 0.105 |
21 | 578549 | 0.100 |
1 | 100000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 107986 | 1 |
0.130 | 47916 | 1 |
0.135 | 14300 | 1 |
0.140 | 160546 | 2 |
0.145 | 30000 | 1 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
Last
12.0¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
11.5¢ | 12.0¢ | 11.0¢ | 571628 | ||
Last updated 15.39pm 24/05/2024 ? |
Featured News
BML (ASX) Chart |