SLR will need to be either taken out or do a great deal, if whoever wants a tier 1 mining company named RED.
Could be an easy 20% coming our way, remember Silverlake have some great assets, the Jewel in the Crown being 12% in RED, but also including cash, mines and tax credits. ok they have muppets running it , but when it comes to a takeover, probably an asset because they buy cheap and turn it around!
Do your own homeworks folks, I am usually wrong!
SLR Price at posting:
$1.14 Sentiment: Hold Disclosure: Held