RE: RE:Silver27 Dec 2025 19:27
Posted this on UFO back in Aug _
"In ground value of silver30 Aug 2025 09:54
Listening to Don Durrett recently he mentioned Aftermath Silver, Eric Sprott is putting money in for development. Made me think back to that meeting at the Perth Mint with Mark Creasy, nothing happened, so the WCE JV happened.
Many variables when looking at the current in ground value of silver. The following is very simplistic. Have converted all to AUD.
Aftermath has 200m oz. Mkt Cap AUD 320m, = $1.6 per oz. Certainly looks cheap
Silver mines ltd. ( SVL on ASX ) has 71.7 m. oz Mkt Cap $251m = $3.50 per oz
WCE has 3.1moz increase in mkt cap since JV $64m = $20.6 per oz.
Difficult to say what UFO's silver is worth, because of the other projects."
Then again the Aussie Pi's are daft for WCE - anyone would think no one knew it was there.