It is a real yawn, and in line with what came out of the quarterly report - the company struggles on.
SLR like most, if not all, of the Oz goldies need a much higher gold price to make them attractive investments.
This lingering period could last months or years longer.
The new Indian govt has not reduced its gold import restrictions so locals are having to pay too much for the gold.
I would not be surprised to see Les Davis retire, or just get elevated to Director level and cease his CEO role.
loki
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