RE: When can ufo sell WCS shares?13 Jun 2025 14:58
Very easy to get capex funding for Elizabeth Hill from the likes of Trafigura etc who are crying out for silver. Very low capex with pre existing infrastructure, access to grid power & Mill up the road, shallow easy open pit mining.
Don't think anyone can mess it up. Even the blokes from gold rush can make a success of it.
How much will the project be worth when silver inevitably hits triple digits?
A lot more silver in them hills. Remember, they recently discovered high-grade silver at surface ~300m to the north and ~150m. Below 100m untested and they will be drilling down to 220m.