Another problem for SLR here is that they are now intrinsically tied to RED and their disastrous hedge book, which means that gold can go $4000, 5000, 6000 in the next few months and whilst there'll be bottom line benefits for SLR, the fact that RED gain no benefit places a weight around SLR and means SLR will be doing ALL the lifting, until that hedge book is dispensed with.
So to all those that have been telling us that are against this 'merger' of equals that we have it all wrong, explain it to me again how great it is for SLR shareholders.
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- Enough to see... red !!!
Enough to see... red !!!, page-72
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