Ann: Silver Lake and Doray Merger Presentation, page-18

There are other options!!! SLR does not handle underground well!!!Look elsewhere!!

Doray Minerals (DRM) / Silver Lake Resources (SLR) Planning to merge under an agreed DRM scheme of arrangement. DRM shareholders will receive 0.677s SLR shares for each DRM share. Effectively, SLR shareholders will hold 62.7% of the merged entity and DRM 37.3%. DRM has traded at 34.5c – 36.5c over the past five trading sessions, and SLR at 51c – 54c.


Northern Star Resources (NST) Macquarie has re-rated NST as outperform, from neutral.