SLR 0.00% $1.57 silver lake resources limited

500000 oz milestone, page-3

  1. 5,583 Posts.
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    Great upbeat announcement indeed... but lacking in detail somewhat.

    500,000 ounces of gold produced
    $650 million capital raised from shareholders
    $250 million worth of losses delivered to shareholders.
    $500 of capital loss delivered per ounce of gold produced.

    Let's hope the next 500,000 isn't as disastrous.

    By comparison.
    I note that TBR/RND are also approaching their 500,000 ounces of gold produced milestone, but at...
    $29 million capital raised from shareholders.
    $158 million worth of profits delivered to shareholders.
    $330 of capital gain delivered per ounce of gold produced.
    And I'll bet a dollar that you won't hear a peep out of 'em.



 
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