Good observation SLR capitalisation is $300m. But I did remember few years back when it had 3m oz reserve and just got funding SLR sp was about $3.
MRP is looking a little overpriced on fundamental basis and when you make a transactional comparison based on resource with SLR and there is definitely an exploration premium on it at the moment. But the buying depth is starting to improve, all we need now some spectacular drilling results to break through 29-30 cent resistance point.
MRP Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held