SLR silver lake resources limited
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85c - what a shame!, page-15

  1. cdchi1
    8,972 Posts.
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    27/08/13
    11:09
    Post #: 12248811
    siamese:

    "as SLR is very nicely cash flow positive after ALL costs at today's gold price of over AUD$1550."

    So why a cap raising for partly "working capital requirements" then?

    If they are so cash flow positive as you say then this seems unnecessarily dilutive. Though I don't really care much about that...I'm more interested in why directors are giving themselves $1.2M of it.

    Cdchi1
    SLR Price at posting: 96.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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