Happy New Year to all holders and those thinking about buying SLR.
Fundamentally all SLR holders have every reason to look forward to 2013. Now that the merged entity is a reality we can all expect a good flow of news that will enlighten the market and establish SLR as a strongly performing large cap gold producer.
As I see 2013.......
14 Jan
- New SLR shares trade T+3 and SLR's MC becomes around $1.3b or more depending where the sp is.
SLR will produce over 200koz in F/Y 2013 and about 340koz in C/Y 2013
Jan 2013
- We should have metallurgical test results from highly prospective Magic deposit (were due Dec 2012) Mining study is underway with planning for a bulk underground mine.
Mar QTR 2013
- Infill drill results out for Tuckabianna West (underground). SLR is confident of increasing resource inventory.
March QTR 2013
- Mt Eelya downhole geophysics and further drill results should be due.
Apr-June 2013
- Mt Monger...results of optimisation study scheduled to be released. Will include mining schedule and ore blending strategy across combined group's resources.
Jan-June 2013
- Lorna Doone and Spinifex, open to Sth and at depth and outside current base production plan for Mt Monger...metallurgical test work and infill drilling may lead to a resource upgrade. Mining study results may show the potential for a large open pit mine followed by an underground mine.
Sep-Dec 2013
- Wombola Dam Big Pit production will commence.
On-going (1)
- Infill and extensional drilling program at prospective Haoma and Haoma West sites
On-going (2)
- Prospective Copper Lakes project has now been granted exploration approval and an exploration program can commence.
On-going (3)
- Gold production (outside current forecasts) will probably increase due to SLR's proven underground expertise which should unlock the potential of IGR's underground operations.
On-going (4)
- IGR's well regarded exploration team, now with SLR, will potentially deliver further exploration success across tenement boundaries now that exploration models and studies can be shared.
Not necessarily an exhaustive list but enough to keep the market interested I reckon.
Good luck to all holders
Paddyboy
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