SVL chart, page-2590

https://www.reddit.com/r/Wallstreetsilver/comments/12i4l1f/australian_resourced_silver_developers_what/?utm_source=share&utm_medium=web2x&context=3

Great to see Australia's biggest silver resource play getting long overdue interest with heavy volume. This is just the start of the bull run. SVL is taking an important lead out the gate.

All Silver Developers are undervalued IMHO. Updated pricing chart for Australian resourced Silver developers (with a Canadian company as a comparison) can be used as a first pass comparison -

• SVL:ASX Silver Mines Limited is the largest in Ag Eq and Ag - it is the most expensive on the Ag measure - at today's share price you pay $1.71 per ounce of Ag. https://hotcopper.com.au/asx/svl/

• IVR:ASX Investigator Resources Limited is the most expensive for Ag Eq at $1.44 per ounce of Ag Eq. Investors are awaiting a Mineral Resource Upgrade, so when this comes it may make the pricing comparatively more attractive https://hotcopper.com.au/asx/ivr/

• BML:ASX Boab Metals Limited is the most advanced and most de-risked and on track to be the first to mine and is priced at $0.61 per ounce Ag and $0.11c per ounce Ag Eq https://hotcopper.com.au/threads/ann-investor-presentation.7313182/

• RDM:ASX Red Metals Limited and MMA:ASX Maronan Metals Limited both own Maronan - its a big chunk of Ag and Ag Eq, but a long way off development. RDM is cheaper to enter at $0.20 per ounce Ag and $0.07 per ounce Ag Eq, https://hotcopper.com.au/asx/mma/ https://hotcopper.com.au/asx/rdm/

All these silver companies are way under valued based on where I believe Ag price is heading, IMHO. But the differences in development stages and current pricing which is part of the equation that drives your ultimate profit or loss on an investment are important too.

There are silver explorers on the ASX as well such as LDR, but the above list only covers Developers as they are less risky. There are some bigger developers that have their resources outside Australia that Are worth a look - ADT and KCN, if you can get comfortable with their sovereign risks etc.

There are really big miners that have silver exposure, but not so direct so it is difficult to forecast share price multiples - eg. South 32, BHP.

DYOR and have fun.

Use the resources available to you, especially on reddit and Twitter Wall Street Silver.

V