SLR silver lake resources limited

Ann: Exploration advances Mount Monger organic growth strategy, page-6

  1. 1,515 Posts.
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    SLR , with todays Exploration Announcement , just seems to continually be building the business and increasing the mine live(s) , using exploration funds wisely and adding acquisitions that will increase cash flow in the medium term , Some dilution ...but not extravagant , so that the market takes it in its stride !
    Prudently and methodically closing out hedging at an acceptable rate .
    I havent looked at their website lately , to see what if any Brokerage Firms now cover the stock ( will look now ) .....but SLR just seems , like a drone , to fly under the radar . Cash being used wiser than a dividend at this stage ... and another acquisition will likely come , again with mostly scrip ,,,,before a dividend . But once EGA is bedded down ,,,cash flow in the 2021 calender year , might just see both another bolt on acquisition and a modest divvy .
    This looks to be another leg up in the share price in its early stages , subject to a sustained gold price here or hereabouts .
 
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Currently unlisted public company.

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