Anyone who thinks SLR will recoup their value and expect their PRH stock post asset sale to appreciate needs their head read. I can see SLR at $1.50 readily, definitely moreso than appreciation to $4.50. Mt Monger profitability will not, repeat will not, be emulated at Tuckabianna.
Surely with all these listed shells/cashboxes on the ASX one can see that value of a tight shareholder base, sizeable indicated resource base primarily centred around gold and copper and exploration upside in abundance at Phillips River as a value proposition.
Why cant the current board see this? Like charting a course in calm seas heading into a storm.
Lord Les has more chance of kicking a grubber than soaring to new heights.
Existing shareholders think carefully before voting yes!
PRH Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
