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0.00% $1.57 silver lake resources limited

Hartleys update 31/7/2019 ..... now approaching far value .......

  1. MIStragic
    2,352 Posts.
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    01/10/19
    21:07
    Post #: 40672774
    Hartleys update 31/7/2019 ..... now approaching far value .... POG permitting ??
    Share price runs ahead. Switch to Neutral recommendation Mt Monger’s underground mines were less productive than assumed (by SLR and Hartleys) in FY2019, leading to adjustments for FY2020. Our base case valuation has slipped from 87 to 82 cps (115 cps spot price valuation), with a 12 month share price target of 95cps. Hartleys changes its recommendation from Buy to Neutral.
    SLR Price at posting: 93.5¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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