RE:Soon they have two PFS stage minesAgreed that SVBL is quite undervalued. If you read the press release regarding the voting, we only approved the share cap limits by the SLIMMEST of margins. This tells me that we still have quite a bit of shareholders who are distrustful or apathetic towards management.
We are all Missourians now (Show Me State) as we wait and see whether or not the Kazakhstan gambit and selling 70% of Sierra Mojada were the correct moves.
Of course, in a rising commodities environment, the higher tides lift all boats. Just how high will we rise? It all boils down to whether we can capture lightning in a bottle with the Beskauga project. This will either be a monumental win or if it is a dud we'll be left with scraps as South 32 buys out the remaining 30% in Mexico. Sierra Mojada gives us a floor, but the lottery ticket will be just how lucrative Beskauga is.