Absolutely respecfully let me remind just 2 things..
SLR have a very clear guidance POSITIVE guidance and their last announcement talks about profit and talks about dividend and talk about better Murchinson than was previously expected.. The cokmment yoy made doesnt match with the facts
NST I cant say because I dont know,but SLR is considered analyzing COST (973) versus current GOLD price (1462) one of the best companies to invest.
Looking yesterday and today probably we have a hint of what is going on..
NSt is now (6%) and SLR is 2% positive..
Of course one day is not the "north" but SLR lost all levels possible.,.. Its absolutely natural we recover part of so amazing smashed.. If the share come back to 1.20 or 1.50 still will be a bargain..(just my opinion)
That compare of Commsec 10% and 6% is absolutely non sense talking about price and perspectives to grow the price.
They can give you 80% of RIO or BHP and that doesnt make RIO better than SLR at that stage./
cato
SLR Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held