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0.00% $1.57 silver lake resources limited

Not sure why you wouldn't close up Murchison operation now...

  1. martie
    675 Posts.
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    27/02/14
    17:26
    Post #: 13060905
    Not sure why you wouldn't close up Murchison operation now rather than wait for the June Quarter.

    I suppose money would be pretty tight now as per todays ASX release, so they have to wait until they complete the CR as won't have too much left in the kitty. The delay in shutting now will cost additional money (probably $5 to $8 million).

    Who is to blame? Are the resources and Reserves wrong?

    How much did this whole saga cost? A valuable lesson has been learnt to SLR one would hope?
    SLR Price at posting: 68.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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