XSO 1.00% 2,973.2 s&p/asx small ordinaries

The Brains Trust - 2024, page-1169

  1. 13,410 Posts.
    lightbulb Created with Sketch. 2518
    It is in Argentina so I stay away for the sovereign risk. Has 41M Oz Ag plus new acquisition for exploration. I have not run the numbers but at a $55M+ MC it looks to be currently on the expensive side compared to BML, MMA, ARD and RDM.

    Having said that all companies with a significant silver endowment will do well as the Ag price rises, you just have to be sure your investment is not taken by nationalisation etc.
 
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