NYSEAM:SVLC - Post by User
Comment by
mjh9413on Oct 08, 2012 3:51pm
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Post# 20462379
RE: Thank you bought deal
RE: Thank you bought deal Yes I had been looking at this and very glad I did not pull trigger at higher prices (which is ususally the reverse for me!!!) Had hoped it would trickle down below the pp price but looked solid at $2.60 so bought half position.
What I like is the 740,000 oz Ag average annual prodn over the 6.5 LOM phase at 2500tonnes mill rate. They are only at about 450,000oz Ag based on their 2012 outlook! Maybe I am missing something in the math but if they are even hoping to get to that average at that mill rate and not counting the increased mill processing, and if we are to consider they are not going to average out the full amount by going higher (beyond 740K) in the next few years, well that is on heck of an increase in cf!!!