Hey Sam. The alternative to your reference on $2m & $16m is that SLR elected not to write depreciation off the balance sheet and paid $17m tax on the $50m that has gone into the bank account as cash over the last few periods. That’s ridiculous.
The company is solid, making great profit, and have solid risk governance in place. But need to detail mine life better is my only suggestion. Otherwise great value.
Cheers
Pez
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