So an advantage of being low a margin producer is it is more leveraged to the POG for profits ,?
think I prefer being in the bottom of the cost curve , bit less worry and likely not such a big need to hedge.
$60M pa free cashflow seems pretty stink for such a big producer from RED got to take other costs out of that to ., no wonder SLR shareholders are up in arms about merging , mind you SLR has never paid a divy either , just pay their execs and board plenty for the pig trough .
CG Price Target $1.15, page-54
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Last
$1.06 |
Change
-0.035(3.20%) |
Mkt cap ! $1.173B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.10 | $1.06 | $6.292M | 5.854M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3816 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 49362 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| SPR (ASX) Chart |