Australia's largest stock trading and investment forum Australia's #1 stock forum

SLR

Click for more information

0.00%

$1.57 silver lake resources limited

Ann: Director Resignation, page-19

First 19 Last

Share
Profile

Follow
SIJoe

3,779 Posts.

142

31/07/19

12:38

Post #: 39783354
Share

Originally posted by brewhaha: ↑

- undo the Andy well cost saving measures introduced in 2016 and then shut it down 6 months later
- try and sell it and Gnaweeda three times unsuccessfully and then give them away for free to SLR
- “slash debt” by $18M In 2018 - after raising $25M from shareholders at 28c

as for “project 1-5-1” at Deflector:
- 100kozpa production - not achieved
- 5 year mine life - not achieved
- AISC <$1000/oz - not achieved
thats 0/3!

- Market cap in late 2016: $186M with share price of $0.60
- Market cap prior to “merger”: $154M with share price of $0.345 (after raising $25M)
- If you take away the cash, (5.6cps), the share price was less than half of what it was 2 years before.
- Even after running up with the SLR price, the price on the last day of trading was still less than it was 2 years before.

Expand

Maybe it's LJ selling today. Whoever it is, thanks, I picked up a few more at 1.24c. Happy to hold and add.

SLR Price at posting: $1.29 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

CU6

US FDA awards Clarity Pharma's novel prostate cancer PET scan imaging compound fast track status

The Rising Tide: How institutional adoption is shaping the future of crypto

STK

Strickland Metals jumps on mammoth gold-copper-silver hit over 300m width at Serbian Rogozna Project

FL1

First Lithium hits high-grade mineralisation in all holes of diamond program in Mali

There are more pages in this discussion • 1 more message in this thread...

First 19 Last

Add SLR (ASX) to my watchlist

SPONSORED BY