SLR has been driven higher by the AU price and Insto rerate of the junior goldies.
Its now 2c-3c lower than its dancing partner PRU and well above its trienniel lows
we have seen SLR make some large moves in the past but needs to produce better figures at lower AISC and Au price to keep rising to 80c again as otherwise it may slide backwards as Instos turn the music off and switch dance partners.
SLR Price at posting:
42.5¢ Sentiment: None Disclosure: Not Held