SLR 0.00% $1.57 silver lake resources limited

Ann: Quarterly Activities Report , page-12

  1. 10,740 Posts.
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    As I said Jimmy when I see it i'll believe it.
    No matter how you package it, bells and whistles or stock standard, 990 is HIGH and considering they stated that the majority of those costs should have been one offs from the last quarterly they have shown up on this quarterly again. Will they show up on the next quarterly as well? I don't know but when I see some reduction in TOTAL cash costs I will think again and not before.
    Testing support at $1 now, I think the market will not be too happy and if the overall market correction continues 90c is the next stop imo. Ok if you are holding from 30c and willing to wait for the light at the end of the tunnel but for those who bought in higher protecting capital will cause a sell off imo. Time for a reassessment for mine
    T
 
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