SLR 0.00% $1.57 silver lake resources limited

$3.22 my short term target, page-4

  1. 13,957 Posts.
    lightbulb Created with Sketch. 4014
    "So $2.49 as the reasonable worst case??? Then you have synergies."

    MarkieMills,

    As I now see it, the real attraction here is that with experienced u/g management, IGR assets are worth much more than what was reflected in the IGR sp prior to the merger (and the current sp). I'm not talking about synergies even though they will be significant, I am talking about unlocking the true value of underground resources which IGR were unable to achieve to date. That should be worth much more than the synergies.

    The SLR sp is now back to where it was prior to the merger announcement.
    It seems like myself, the market no longer sees this as potentially negative.
    I will stick to my $4, 6-8 month target based on a gold price of $1,600 and reasonably stable market.
    I am expecting a much higher gold price over the next 6-8 months so hopefully a much higher target.
 
watchlist Created with Sketch. Add SLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.