Ann: December 2014 Quarterly Report, page-18

If you are going to invest in Slr it may be beneficial to look at all the fundamentals.The discussion on this site of late has been devoid of discussion on fundamentals.Lots of talk about where Slr was when gold was this price,price targets with no reasons for why,shorting is the problem etc etc.

The quarterly was no shock Slr has been burning cash for a long while and making no profit.Costs have been going up and we are fast becomming the most expensive production mine in Australia.
Hedging 30% of production at $1435 to get a loan of $10m is pure desperation.

They make no mention of the costs of developing Maxwells underground or further decline on CEB.
With only $5 million free cas last qtr and costs rising how will they fund anything.

Drill results very ordinary.

Good luck if you choose to listen to the rampers.