I'm all in on this. These heavily inversed risk reward opportunities aren't that common. It's the quality of the NTA that gets me excited.
250m cash/bullion/concentrates 110m investments. 100m or 130koz stockpiled ore at a higher average grade than most other midcaps head grades. 2 years ahead in developed stopes at their major Australian underground mines. 150m realisable tax right offs. No hedging for 2 quarters.
The SP might still be messed with in the short term but when this beach ball is released be prepared. for a potential short squeeze which could swing this into the stratosphere.
SLR Price at posting:
89.8¢ Sentiment: Buy Disclosure: Held