And all the best for the new year to you!!
Not really sure but the in ground value of Ag for all these stocks is very attractive and the Au/Ag ratio is still way too high.
I would reckon that people re punting on the Au/Ag ratio returning to its average of around 50. When (and if) this does occur then silver could be around 25/26 which is around $35 AUD. The metrics for these projects would change immensely if this was to occur.
Markets are very interesting beasts!!
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And all the best for the new year to you!! Not really sure but...
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