SLR
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0.00% $1.57 silver lake resources limited

Maybe because it isn't a bad deal at all? Leonora asset:-...

  1. miningfox
    18 Posts.
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    01/06/23
    15:51
    Post #: 68082650
    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.



    Last edited by miningfox: 01/06/23
    SLR Price at posting: $1.06 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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