SLR
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0.00% $1.57 silver lake resources limited

Ann: LSX: Takeover Offer for EganStreet by Silver Lake Resources, page-26

  1. CashedUpBogun
    8,247 Posts.
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    30/07/19
    17:29
    Post #: 39766293
    importantly, the RESERVE grade is half of that at 4.4gpt so there is not a huge margin for error. Assuming they make a hash of mining with significant ore-loss and/or dilution they could be eroding out the margins quite easily - especially with a significant haulage distance.
    SLR Price at posting: $1.45 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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