As SamScout conservatively summarizes, if current situation remains in place, SLR is likely headed to over half a billion in cash, bullion and investments, within 2 years, because:
1) yearly production likely over 300k, within another year, due to Deflector mill upgrade and revised mining plan
2) $400M+ in available tax losses, coming from Deflector acquisition, and
3) $1900 hedged ounces gone in 9 months, and all hedging gone in 21 months (hedges in last 12 months are $2300+)
Note cash, bullion and investments now total $328M.
So what is SLR moving on next?
- Forums
- ASX - By Stock
- SLR
- Next acquisition?
Next acquisition?
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