On know information if silver hit $35 the answer is no, if we got into the $50+ dollar range and for that to happen the sentiment for Silver would have to be pretty high already, then at that point at the top end if things were running hot I would say it's possible.
We still only have 10 million jorc ounces on the books at the moment right so, the math on that potential profit is 10,000,000 ounces x $35(silver price) -$20 (cash cost) = $150,000,000 potential profit, taking into account our fully market cap by my calculations that put us at a max share prices of .016.
The wild card are these 2 new deals the company is making with the cap raise any JORC ounces we can secure out of those deals will boost our prices, but the company has been very low on important specific details of those deals, if they turn out to be good deals it could increase our potential share price many times over.
Remember the numbers I am using here are the best case scenario numbers they are rarely every achieved, we just have to hope the massive dilution turns out to be worth the 2 new deals they are making.
SVL Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)