SLR 1.40% $1.41 silver lake resources limited

Some of these proponents claiming RED will fly and SLR will tank...

  1. 1,821 Posts.
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    Some of these proponents claiming RED will fly and SLR will tank should merger fail need to honestly ask themselves on what planet will the market reward RED at current MC with a 12 month forward 17.5x cashflow and projected 8 qtrs (9 if you count June) 50% production at spot currently breakeven....before debt repayments when the norm is 5x and some like NST and EVN command a premium at 8x. Seriously, I mean I get the love for the KOTH asset but the financials are a dropped mince pie.
 
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