SLR 0.00% $1.57 silver lake resources limited

Still a positive ann misunderstood by the market. Economics of...

  1. 5,618 Posts.
    Still a positive ann misunderstood by the market. Economics of running Randalls flat chat at 1.2M tpa at a higher grade with probable option to expand (done before) outweigh trucking lower grade ore to Lakewood with the inherent transport and milling costs.

    If they could average 5g/t at Randalls times 1.2M the annual production would be >200k oz at a cost/oz MINUS those of running Lakewood (transport of ore, running mill).

    IMHO this will further enhance the positive cashflow position and reduce production costs/oz. This will be reflected in future balance sheets on top of what should be a good Q in about 2 weeks time, IF IT'S BROUGHT OUT around the same date as the last one.
 
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