SLR 0.00% $1.57 silver lake resources limited

Ann: Quarterly Activities Report, page-9

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    Could be a bit optimistic I think Ophir. I haven't done the numbers but I doubt they have the grade to get that sort of production now the're putting more open-pit material through. In a presentation from last year SLR were forecasting production around 140 koz for the next couple of years from memory.

    I'm not a big fan of SAR at the moment either given their high costs and moderate cash balance. I'm a bit more confident that SAR will start generating material cash flow.
 
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