SLR 1.97% $1.82 silver lake resources limited

Ann: Quarterly Activities Report, page-5

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  1. 57 Posts.
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    MIStragic, I totally agree with what you are saying about the cash stockpile.  It's like we are invested in two things- one is a gold miner and another is a bank account earning 1-2%.  Its well time that SLR took some action here.


    Putting this to one side I think it was a pretty solid quarters result.  They didn't really kick goals like in the last 2 quarters but things are certainly setup well for the rest of the year.  If they achieve production as forecast for FY 19 there will be $40-50 m added to their cash stockpile by June 2019.  Add in some positive exploration results, high price of gold in AUD and things look very positive indeed.

     



 
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