Dangar, with all the growth options available for SLR, I will be waiting until production hits at least 300Koz AND the P/E doubles to reflect the market cap, record of success, reduced risk due to variety of revenue sources (several mines, gold and copper). This could take a few years, but we can all estimate the multiple to the present share price when this all happens.
Given management's record at creating opportunities and their efficient use of capital, I may change my mind and not sell then either.
I also agree with Paddyboy in that I would rather SLR reinvest its earnings at high rates of return than give it back to me as dividends. If they ever can't get high returns, then dividends are called for.
SLR Price at posting:
$3.06 Sentiment: Buy Disclosure: Held
