I'm asking myself two questions. The first question for me is answered: Is SL1 in a cash crisis? No, doesn't look like it. Very reassuring. Cash flow is coming. The second question is harder: What profit are we expecting and will this baby deliver? Grades are lower, but volumes are higher. Neutral assessment there, albeit somewhat unfavourable. However the zinc market is looking good, inventories halved in 30 days and the price is trending up. It should keep trending up.
If I had more funds I'd be buying but I have other things in play now, so I am sitting and holding patiently.
SL1 Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
