An interesting report.
I can understand the small cash build, as Deflector upgrade and Roth spend takes out almost $20m.
The Q explains that grades will increase in the 2nd half for Mt Mong, though clearly the AISC is high....
Deflector is going to be the one to watch going forward, with the upgrade. Has SLR provided a clear set of numbers for what the upgrade is going to achieve?
If you include the investments, payments to come and cash/bullion. They are sitting on close to $350m.
I can understand that management might not want to buy any other assets for what they view as high prices, but... then why not just pay a special dividend? At some stage, all that cash has to go somewhere, as it sure as hell is not making any interest
Good luck to all holders.
- Forums
- ASX - By Stock
- SLR
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-4
-
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online