I really believe NCM will come after the expanded SLR down the track. That's not my wish though
Majestic will prove to be a monster deposit. Remeber NCM hold 15% in that JV which also contains Imperial
I'm hoping SLR go solo for the next 10 years but fear they will become a target. The consolidated 400,000ozpa production profile will be too hard for the majors to ignore. That 400,000ozpa looks conservative to me. Will be more like 500,000-600,000ozpa by 2015/16. If they can achieve this profile then the share price should be $10+
Hoping we become the next NCM and not part of NCM
Cheers
SLR Price at posting:
$2.67 Sentiment: Buy Disclosure: Held