No clucking (or) crowing casper lol.
On the bright side, Murchison lost $11.25M for the HY while Mt Mongrel posted $37.78M EBIT. With the costs of placing Murch on C&M incl in the new issue, SLR is going to have about $20M pa added to their bottom line without any outgoings while no longer having to sweat bullets over the haemorrhaging at Murch. Maybe divesting the Great Southern Project could also save any future heartburn.
This is a positive IMO, provided mgt gets it right at MM. Remember IGR's drilling results and resources? Surely SLR can combine those with their own and turn the area into a large tonnage, low-cost, high grade gold province?
Hmm...
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