Actually I'd argue there are catalysts for an SLR re-rate. Ignoring Deflector (growing like a weed) for the moment, and just looking at Harte:
>43-101 reserves: 797oz @ 7.2 g/t
>43-101 PEA to expand mill to 1200 tpd*: 99k oz/yr for 9 years@ $US 1025/oz AISC, capex $21US million. After-tax 5% discounted NPV $332 million, at an average gold price over the nine years of $US 1667. This expansion has already started, scheduled to be online Q1 2023.
>Quarterly Harte mine operating cash flow**:
Sept 2020 C$ 4690k Dec 2020 C$ 8979k March 2021 C$ 9152k June 2021 C$ 9344k Sept 2021 C$ 13701k
