No good them taking on an exploration asset. They have proved to be average at best at exploration. No mention of any results at Sugar Zone following four months of underground drilling, hand to mouth at Deflector and investments in Hamblin and Encounter hopeful at best.
I thought it may have been interested in PNR, but SLR would do the promising exploration of the salt lakes at Norseman a disservice.
A 20% stake in Warriedarre just to the southwest would be a cheap option if they had any exploration nous.
No to the merger. Toss Tonkin Out.
SLR Price at posting:
$1.34 Sentiment: Hold Disclosure: Held