NYSEAM:SVLC - Post by User
Post by
ch08532on Mar 31, 2015 10:22pm
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Post# 23584818
Great news!! SE LOM reset to 8 yrs
Great news!! SE LOM reset to 8 yrshttps://www.juniorminingnetwork.com/junior-miner-news/press-releases/1119-tsx/svl/5196-silvercrest-announces-update-to-santa-elena-pre-feasibility-study-pre-tax-base-case-npv-5-of-144-million-replaces-reserves-and-renews-8-year-mine-life.html#.VRtRUIb3bCQ
144M pre tax next 8 years at current metal prices (includes sandstorm payment too). Sustaining cap-ex of 31M over the 8 years includes exploration.
svl current market cap around 160M....Company has over 40M cash in the bank right now. Company is clearly undervalued.
folks...we are in great shape going forward!
Congrats!