SLR
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0.00% $1.57 silver lake resources limited

good post Wolfofall , u r quite right, nothing is to be taken...

  1. Isladar
    1,256 Posts.
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    23/09/23
    19:53
    Post #: 69994477
    good post Wolfofall , u r quite right, nothing is to be taken for granted.

    Heres the kicker, " Hedge book 313koz at an average price of $2,526/oz"

    That is a loss of about $133,000,000 on todays price, if we have a big move up in the Gold price, Ouch,Ouch , ouch.
    A bit like RRL, this Rings a bell ?

    There are upsides though.
    SLR Price at posting: 90.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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