"I don’t understand what the drop to $0.90"FY19 financial results summary The Company’s normalised net profit after tax for the year was $16.7 million.
Revenue for the year totalled $301.5 million from the sale of 171,322 ounces of gold equivalent at an average realised price of A$1,754/oz.
Last Quarter profit was 44% greater than all of last FY 2019.
Firstly the higher realized price of gold and secondly Dory production kicked in.
Last Quarter:Corporate and Finance ▪ Silver Lake continued tobuild its financial strength with cash and bullion increasing by $24.1 million
Future prospects are much better with the development of the Santa Underground Mine (“Santa”) at the MountBelches Mining Centre
and an antisipateg higher gold price.
SLR Chart, page-22
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