SLR 0.00% $1.57 silver lake resources limited

Is SLR a complete dud?, page-89

  1. 3,781 Posts.
    lightbulb Created with Sketch. 2510
    All I can say is thankyou to those that pushed the price back down today.
    So nice to be able to buy back all those shares I sold last week for a paltry 2c extra. The bullish scenario has improved exponentially since last weeks $1.12 sale.

    Current Market Cap = $1,060,000,000

    RED $141,898,953
    ENR $6,365,530
    HMG $1,926,999
    Cash & Bullion $240,000,000
    Concentrates $21,900,000
    Stockpiles (sunk mining cost) 130,000 * $1,200 margin = $156,000,000
    Total hard assets = $549,091,482



    Residual Value for:
    3 Processing plants and associated infrastructure
    6.1m ounce @ 4.5gt resource
    1.35m ounce @ 3 gt reserve
    Available tax losses $449,000,000

    Equals $510,908,518


    This places SLR 3 current mining camps current value almost on par with the likes of perennial underachiever Davyhurst (OBM).

    Low hanging fruit!!!




 
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