Don't seem to be able to start new thread. Went to Symposium Roadshow in Sydney on Tuesday night. Clifford Bennet from White Crane Report was one of speakers. He called US$1650 POG by Christmas 2013 and US$2150 in two years. Couple of other speakers also bullish over this time frame.
If we see US$1650 the SLR SP probably will again have a 3 in front of it.
Today's announcement from SLR was expected and appropriate. U/G costs are about 50% greater than those of open pit so we shouldn't see much lost cash flow.
Don't seem to be able to start new thread. Went to Symposium...
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