SLR 0.00% $1.57 silver lake resources limited

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  1. 11,122 Posts.
    lightbulb Created with Sketch. 631
    The 31.5 cent barrier is holding up pretty well.

    Could be a while before we see 30 cents and below - perhaps once the AUD POG really tanks.

    If you guys are holding out for 27 and 25 cents perhaps I should lower my mental bid price to 18 cents to reflect my less optimistic nature.

    The quarterly will be interesting for what it says about the future costs. I reckon the need to develop new ore sources will eat up any "free cashflow" they may seem to have at the current gold price. On the bright side, SLR has is debt free and is not located in ebola infested west africa.

    lokiloki
 
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