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Hi Scarpa, I think I know which other stock you are talking...

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binwood

7,151 Posts.

2294

28/09/18

14:25

Post #: 35911325
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Originally posted by Scarpa ↑

I suspect exploration will be funded by the cash flow from the mining activity. SL1 is still an exploration company, but a better off than other exploration companies because of potential cash flow from a limited life mine which will expand it life if find more resources. And I suspect the cash flow from operations will be directed to exploration and proving up reserves, if discovered, to extend mine life. Said I wouldn't post here, but have decided that I should buy some options (a small investment only). Some similarities in strategies I think to the other company I hold in this space, on the assumption the cash flow will be used to fund exploration which I suspect it will. All IMO IMO IMO

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Hi Scarpa,

I think I know which other stock you are talking about and both are sitting on very similar metrics based on planned production so from that perspective neither here nor there for me but do you have an opinion on which has better exploration upside?

SL1 Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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