SLR 0.00% $1.57 silver lake resources limited

85c - what a shame!, page-15

  1. 8,972 Posts.
    lightbulb Created with Sketch. 202
    siamese:

    "as SLR is very nicely cash flow positive after ALL costs at today's gold price of over AUD$1550."

    So why a cap raising for partly "working capital requirements" then?

    If they are so cash flow positive as you say then this seems unnecessarily dilutive. Though I don't really care much about that...I'm more interested in why directors are giving themselves $1.2M of it.

    Cdchi1
 
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.