Unfortunately to get any traction they need to make money and at the current rate of $2m year they are barely treading water. AISC has been too high for too long and all the promises of high grades, more efficiency, etc, have repeatedly not eventuated. With no possibility of a dividend and negative sentiment towards the management, it will take a major event or announcement to get this back into the 50c realm.
SLR Price at posting:
36.5¢ Sentiment: None Disclosure: Held
