Maybe because it isn't a bad deal at all?
Leonora asset:
- Production: 130-135 koz/year
- Resources: 10 Moz
Even if only half of all resources are mineable with profit, this asset will have a mine life way over 40 years!
718 Million / 40 years / 130 koz production = 130AUD/oz profit needed for break even
Do you think SLR will get more than 130AUD/oz profit from this asset?
I'll bet they do much more.
- Forums
- ASX - By Stock
- SLR
- Ann: SLR Ready to Rapidly Progress Revised Leonora Proposal
Ann: SLR Ready to Rapidly Progress Revised Leonora Proposal, page-14
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online