SLR
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0.00% $1.57 silver lake resources limited

Ann: Update - Notification of buy-back - SLR, page-24

  1. PulpCutter
    1,237 Posts.
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    19/07/22
    13:21
    Post #: 62608092
    Would you place RED in the 'dead pretenders' category? Likely IMO, but premature yet.

    Guidance is production 60k @ $2400 AISC, with approx $40 million unallocated in the bank, after fully-drawing the last from the $175 million credit facility.

    I'm just not seeing how you lump RED5 in the same category with debt-free, cash-rich and proven operators like Ramelius and Silver Lake.
    Last edited by PulpCutter: 19/07/22
    SLR Price at posting: $1.32 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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