indigestion from the bull, page-4

Geepeem may I suggest to do some reading about Slr and Igr,these comments about costs and cash burn are incorrect.Slr has just commissioned on time and on budget.It costed $70m paid out of reserves.Murchison will produce 100k ozs per year,it may help if your newsletter editor took into account income instead reading into the accounts owed.
Slr said from day 1 of the Igr merger they will take 6 months to do a full study to optimise the cost saving synergies and most profitable mine approach.
At the moment Slr are processing the 100k oz stockpile Igr had,the mining has been paid for and this will be highly profitable.Slr has stated that they will save $180m on the current mine life of Slr assets by cost synergies.That does not take into account profit from mining,increases in resource base.
All the reading I have done on Slr is positive and they have an excellent handle on this whole business.