Ann: Managing Director's Presentation to AGM - Addendum, page-8

Dude its called cycles.... even a blue chip BHP once over $40 went down to $15.... SLR is just a baby, SP will always head up/down unless u have perfect story like NST... With half market cap with cash & hopefully will add more in the current quarter.... Looks pretty good value at current prices.... I added some today and will build a bigger position if I see sp slip from here....

Few years ago company was struggling for survival with a mountain of debt & problematic production.... But we seen not only they eliminated debt without capital raise, they built a 100mil war chest... Yes no divi but now a merger proposal with DRM shows the companies ambition to grow.... I agree SP can be boring at times but market will re-rate when right time comes... Personally I see current SP as low risk entry....