I think that because the last report was not that fantastic (negative cash flow), people have sold out.....for now.
The fact that Les has over delivered on everything that he has said so far, I will be waiting for the 2nd Half of the year, when production ramps back up and the SP heads skyward.
Les (in the last report) is still confident of 90-105k ounces, and going on his track record so far, I have no problems thinking that this dip in the share price just presents an opportunity to pick up a few more cheap ones!
Look at the fundamentals:
No Debt
3Mil Oz resourse (at the moment)
Experienced Management etc etc.
an then there is the Murchison....
IMHO
- Forums
- ASX - By Stock
- is the thrill gone?
I think that because the last report was not that fantastic...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online