Ann: Quarterly Activities Report, page-36

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albatrosss

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08/07/20

08:57

Post #: 45712460
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Originally posted by Holmesearth01: ↑

So an impressive year it been for SLR

A Massive CASH GENERATING MACHINE $$$

last June quarterly $14.8 increase in cash to

cash $131 million

September quarterly $24.1 million increase to

cash $155.2 million

December quarterly $31 million increase to

Cash $186 million

and March quarterly $41 million increase to

$227 million

Thats a Whopping $110.9 million increase in CASH for the 4 quarters

and we have this June Quarterly due which has had the highest Gold Price out of all the previous quarters and will be between 50,000-60,000 ounces as their per guidance however I think management will deliver a nice kick and will push above the 60,000 ounces

$268 million in CASH after the June quarterly???

Impressive business performance management have done really well cash getting banked every quarter and still spending on further plant upgrades and exploration activity’s finding more and more high grade GOLD

Predictions that Gold has just started this bull run and $3000 ounce gold plus is coming sets up an interesting gold play here with SLR to take full advantage of the rising gold market

GLTAH

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It will be more than $110million for the last 4 qrts
i can see cash well above $250million.
well above.
we should know by end of next week.
i am hoping not too much new hedging.
And some nice drill results next few weeks and we are well above $2.50 SP.
Well above.

SLR Price at posting: $2.21 Sentiment: Hold Disclosure: Held
13 Upvote

0 Great analysis

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Ann: Quarterly Activities Report, page-36

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