SLR 0.00% $1.57 silver lake resources limited

Ann: Acquisition of Harte Gold Credit Facilities, page-93

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 909 Posts.
    lightbulb Created with Sketch. 101
    Many ways this could play out.
    A good path would be for SLR to call in the debt, exercise the lien, and arrange for a prompt mortgagee sale.
    SLR would be a buyer, as it would be paying itself.
    Perhaps some extra funding to allow the mine to continue as a going concern, but given the supposed labour shortages, and potential new contractor, why bother?
    Avoiding getting bogged down in legal issues would be a consideration for discussion with other interested parties.
 
watchlist Created with Sketch. Add SLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.