Snagged a nice size holding at 2.9 and 3 yesterday , i never had any doubts in SL1 the fundamentals are there and the maths is absolutely compelling. There is still cash in the bank and any placements or raisings for further funds will be easily supported through the brokers given the recent drilling results. That is if they go down that route , as previously discussed there are many ways to fund their activities.
Retail punters will not get a sniff at the deal and will have to buy on market
SL1 Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
