I was at the RUI conference this morning and Les is extremely bullish on the outlook. The copper find essay results will be released out to the market in 3-6 weeks and if the indications are correct this is massive. Could easily generate $100m to the bottom line pa. The find is on their back door step so capital req to mill is low and fast, $20-30m. His throw away line was that basically covers the cost of mining their gold so essentially the cost to mine gold is ZERO. Haoma is also shaping up to be another Daisey Milano..He's confident that SLR will in time be a $1b company.
SLR Price at posting:
$2.38 Sentiment: Buy Disclosure: Held