SLR 1.97% $1.82 silver lake resources limited

Doesnt make sense, page-4

  1. 5,747 Posts.
    lightbulb Created with Sketch. 120
    Generally agree with Nord
    But there is no future upside plan.
    I mean producing 150k at $1400 full production cost
    For 4 or 5 years isnt very exciting.

    Other goldies have future plans
    that probably will never eventuate
    But at least they have something.

    Still with gold at $1750 aud
    There will be movement in the SP

    I expect indicies would have known
    about being kicked from the asx300
    Before we did so I think there had been
    Some selldown there as well.

    I bought before the rebalance
    On the thought that the SP would rise
    Back up to 40 cents and at current POG
    It should be closer to 45 cents now

    Cheers
 
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