"Sure, they've bitten the bullet by reducing overheads but the way it's looking, one more balls-up and SLR could topple!"
No way. They will just mine shareholders' pockets again by selling another pipe dream. IGR were pretty good at this and SLR is no slouch either.
We goldiebugs lives in hope of significantly higher gold prices, which are not offset by a corresponding increase in costs, as well as dreaming about a lower AUD.
At least those who bought SLR shares recently have been rewarded if they took their gains off the table.
loki
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- AFR Report pg 40
AFR Report pg 40, page-6
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