Ann: Exploration advances Mount Monger organic growth strategy, page-7

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12/02/20

14:33

Post #: 42888618
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Originally posted by maplelegion: ↑

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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Hit the nail on the head. This is about 2021 which will outstanding.
I can see SLR moving well towards NST's current $10b market cap, by which time they would have advanced too.

SLR Price at posting: $1.74 Sentiment: Hold Disclosure: Held
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0 Great analysis

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Ann: Exploration advances Mount Monger organic growth strategy, page-7

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