Great summary. If we get $100usd silver in the next year like some are expecting, then we could be a $7 stock with your time frame.
Although it is a little frustrating to have yet another capital raise upon us at the share price lows. A few people in here are overreacting - saying the share price staying in this range forever with whatever this latest capital raise ends up being formulated at. It may be a slow few months as some of the shares are washed through again, but it’s never going to stay down at these low levels. Long term holders have no need to cry imo.
The market cap will have to increase as we get closer to production. This could be the last of the additional shares given out (if it is actually a diluting capital raise option). Therefore as institutional investors pile into one of the only ASX silver producers in the next couple of years, there are going to be limited shares to fight over! The real gains will be seen as the mine construction plays out and we get closer to that first lead-silver-zinc pour.
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- Ann: A$50 Million to Advance Sorby Hills - Lead Silver Project
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Great summary. If we get $100usd silver in the next year like...
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