Good to see you have jumped in.
My foster brother who is a bit of a black sheep tells me holding the other thing very tightly while giving the beer a free reign works a treat for him.
Woody Allen famously said that, "having a hands on experience with the other thing is the best way to have a nice time with someone you love".
SVY's share price simply confirms that investing in explorers is a very high risk game.
A "risk off" market where raising capital is difficult for companies with a 300% IRR DFS is a quick road to administration and liquidation for capital burning explorers.
The rewards are potentially massive if you pick a 1 in 500 well managed explorer during a "risk on" market and they find a Prominent Hill. The company that our Chairman founded did that and went on to successfully sell it to OZ minerals and let them travel the torturous route to production.
Thanks for the BH and PH figures. makes our 100mt, touching the surface, exploration target look fantastic.
Good to see you have jumped in.My foster brother who is a bit of...
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Last
7.3¢ |
Change
-0.002(2.67%) |
Mkt cap ! $152.8M | |||
| Open | High | Low | Value | Volume |
| 7.6¢ | 7.7¢ | 7.3¢ | $453.0K | 6.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1050064 | 7.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.4¢ | 120000 | 2 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
7.4¢ |
Change
-0.002 ( 1.33 %) |
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| Open | High | Low | Volume | ||
| 7.6¢ | 7.7¢ | 7.3¢ | 2398298 | ||
| Last updated 15.27pm 26/04/2024 ? | |||||
| HGO (ASX) Chart |