SLR 0.00% $1.57 silver lake resources limited

what you cannot see(now), page-29

  1. 12,639 Posts.
    Last I looked the book value of SLR was around 600 million so any buying under that would be great IMO.

    It's very hard to go wrong when the market cap is so low at the moment.

    This is not really the company to be trading IMHO but good luck hey.

    Keep in mind that the analysts had changed their minds and lowered forecasts on SLR based on the fact that they were forecasting lower gold prices but things have changed.

    This means that the previous forecasts for P/E's and earnings are going to be back to close to where they were placing SLR close to the $3 mark again.

    Also keep in mind that SLR is ramping up production to become a much larger company again and the forecasts 6 months ago were for the earnings to almost double.

    Then the resource upgrade is coming.

    Have a good think about that.

    Good research is the key to success.

 
watchlist Created with Sketch. Add SLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.