re: Ann: Proposed Merger with Silver Lake Res... Again, I...

  1. 290 Posts.
    re: Ann: Proposed Merger with Silver Lake Res... Again, I geuninely feel for PRH people. However, when faced with the choice between a 100% loss and participating in the upside that SLR gives I suspect most will opt for the upside.

    Part of the problem for PRH seems to be the amount spent and PRH's valuation of the polymetal project. If SLR have looked at it and consider it to be non-priority then, given their track record, it means that the DFS is unacceptable as a body of work or the economics proved up in the DFS in unacceptable.
 
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