SVL 41.9% 9.0¢ silver mines limited

So? What about the change in the resource.svl's silver resource...

  1. 1,871 Posts.
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    So? What about the change in the resource.

    svl's silver resource 2011 = 10.2Moz Ag.
    Shares on issue = 167.2M fully diluted

    svl's silver resource 2022 = 163Moz Ag (and that's being conservative)
    Shares on issue = approx 1.2B fully diluted last time i checked

    ~16x the Silver
    ~7.2x the shares
    Not saying it's definitely going to $10 again but I can't see why it's out of the question, especially given the amount of $$$ in the markets now, debt, defecits, rampant inflation compared to 2011 also.
    Throw in the mine approval on top and $10 SVL might even be cheap at some point.
 
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