Had a look at red the one that wants to finish slr = report? Commenting on the December 2023 half-year results, Red 5’s Managing Director, Mark Williams, said +++ +++ "“Subsequent to the end of the reporting period, Red 5 announced a proposed merger of equals with SilverLake Resources. This represents an exciting inflection point for Red 5 shareholders and follows thesuccessful ramp-up at KOTH to achieve steady-state production. The merger would create a ~445kozpadiversified gold producer with quality growth assets in Tier-1 jurisdictions. With a sector-leading balancesheet, the merged company will be very well placed for future growth.” COmment= last of the last para seems gold through a little weak? The good growth agree will be through getting slr & its holders wealth. If they sell slr's Canada etc hmm. The slr gold grade laughs at reds grade? I Just do not see the RED sales pitch as any good= They have to sell it better what good RED would be better to slr? Seems all slr gets is REDS debt, parasitic hedging (as with rrl, hedging not reds fault/wanted choice, entirely) Maybe if it is told that RED is a bigger brighter future? But SLR should be a made goldie looking for a new to bring on ...and not making RED better through slr holder wealth sacrifice? Gees shows how slr with a golden lands with high graded golden dirt and a golden spoon therefor in its mouth have suffered from poor management to be this compromised and manipulated & ongoing same same doing led to slaughter >>> Equates to a gold coin for the executioner to try do well=
SLR Price at posting:
$1.01 Sentiment: Buy Disclosure: Held