SLR silver lake resources limited
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entry point at $2.10 ??, page-14

  1. rowingboat
    3,444 Posts.
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    28/02/13
    23:44
    Post #: 11483008
    you're forgetting 2008/09 experience, when AUD/USD fell to 60c. Gold in AUD terms rose 38% that year.


    Can you imagine what that would do to the SLR share price with gold $US 1500 and AUD 0.60c?


    And no, SLR is not a high cost producer when you include upfront (D&A) costs which are lowest of almost anyone.
    SLR Price at posting: $2.19 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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