I must admit I don't see what's to worry about in this addendum...

I must admit I don't see what's to worry about in this addendum but obviously the market is worried about something re: SLR.

How else do you explain the market cap net of cash being $124m ??? As I write DRM market cap net of cash is $132m and producing 50k oz less per annum FFS. Meanwhile DRM posters are still musing about wether DRM can get a better offer than SLR's .....

Meanwhile RED5 has just announce that the new discovery at the KOTH mine has an estimated 1.9m oz resource !

The MD is has announced that RED is investigating the possibility of KOTH becoming a standalone operation. That would mean 3 production centres and a current 115k oz p.a. production from the Darlot plant ,,,,, all for a measly MC of $86m (SP has jumped 14% today - when was the last time SLR SP jumped 14% ??) Meanwhile whats coming from SLR HQ zzzzzz zzzzzz zzzzzz zzzzz