SLR 0.00% $1.57 silver lake resources limited

Ann: Presentation - Red 5 and Silver Lake Resources to Merge, page-156

  1. 1,822 Posts.
    lightbulb Created with Sketch. 989
    IMO most posters on here and on the RED thread are fretting about not much. RED holders feel they are being ripped off and so do SLR holders - IMO this indicates that the merger is roughly fair. The merger will result in a bigger and more robust gold producer who can attract more institutional investor interest, access capital more cheaply and have a significantly reduced risk profile.

    Also, I'm not sure that LT is as silly as some on here seem to believe - he has after all managed to negotiate this merger (judging by the RED thread some RED holders believe that they are getting ripped off because SLR's mines are higher risk - short mine life etc). He has also managed to negotiate to be the MD of the new RED. This all sounds quite canny to me.

    Anyway, as I wrote previously, I expect that the market will warm to the merger and I'm looking to buy more SLR at these levels.

    GLTA & DYOR
 
watchlist Created with Sketch. Add SLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.