where will the sp go from here ?, page-5

Where will the share price go from here?

Gold is currently over US$1340 and above A$1500.

With SLR's All in Sustaining Costs at Mount Monger at $1016 for the 6 months ending 31st. December, SLR is now making plenty of money.

The costs to wind down Murchison have already been taken care of, thanks to the institutional share placement.

1. SLR is now a low cost gold producer with fantastic leverage to a rising gold price.

2. SLR has excellent exploration upside at Mount Monger.

I have increased my holding in SLR as the upside potential is enormous in my opinion.