Rowingboat
You could be right.
But all I know is that SLR has been consistently missing targets. This has been going on for about 2 years.
God knows why they tried bulk mining underground when that failed for PEM, from whom they bought the mine.
I will believe SLR when they fix the Mt Monger operations and provide a dividend.
My scepticism on SLR (and some others) has saved me from hanging on in the spiral.
Actually I have been too optimistic about SLR because I did not see a capital raising as a possibility, although some posters did mention it.
I am not saying your superior analysis is wrong, just that I prefer my rough as guts approach - if there is no delivery then something big is not right and one should watch out.
Good luck.
loki
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