I am good with this
- gets output to c.250k ounces pa
- simple proposition - protects tax credits of $130m (from memory)
- will place this in asx top 300
- perfectly leveraged to any improvement in gold price. USD at 97c will come back
- increased production and reserves will be more attractive for o/s investors
- still have $110m cash. Probably $130m by year end.
- de risks with multiple mining sites and multiple exploration options
- need to hold board accountable for h/o cost out synergies
Cheers
Pez
SLR Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held