Why would NST take over a company that is barely profitable.What resources does SLR have left?
Nobody is discussing mine life or dollars needed to get the underground that is there.
There is not a lot left above ground but will stand to be corrected.
SLR has been mostly about ramping up a company from its CEO and not being able to deliver,that is the fat $3.90 down to $.145 in anyones judegement is a total failure!!!!!!!!!!!!!
SLR has made statements about the resource that have proven to be totally false Murchison being a classic $100million example.
So what is left,a shell??
So many grandious claims of how great this company is but nobody capable of running it at a profit and just bloody lies about the resource.
They are just hanging on maybe a rise in POG might save them but what value for shareholders and how much resource is left??????????
SLR Price at posting:
14.5¢ Sentiment: None Disclosure: Not Held