Absolutely brilliant. What an amazing platform to be launching off
The only thing baffling me is why there isn't a 3 in front of the share price
$46m pre-tax profit is superb. Not bad for a $600m market cap company. Profit should double this year too. An interesting comparison is to compare us across industries/sectors to the likes of BSL and QAN. Both can't turn a profit, are battling to survive, yet one has an $800m market cap, the other $2,200m
Give it 12 months and SLR will be right up there market cap wise, and paying a nice juicy dividend too
Looks like Les will be going to Diggers in a couple weeks with the resource upgrade with maiden reserves to boot. Should be close to that magical 5Moz resource, and guessing 500k+oz reserves
Cheers
SLR Price at posting:
$2.72 Sentiment: Buy Disclosure: Held
