Silver Mines Limited (AU:SVL) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Silver Mines Limited has announced that the NSW Court of Appeal has upheld an appeal by Bingman Catchment Landcare Group, rendering the development consent for the Bowdens Silver Project ineffective. The company is now evaluating the court’s decision’s impact with legal advisors and considering submitting a new development application. This development is crucial as the project is expected to generate significant employment and economic benefits in New South Wales.
For further insights into AU:SVL stock, check out TipRanks’ Stock Analysis page.
