MACQUARIE RATES SLR AS OUTPERFORM, page-423

Positive news - hopefully covering results in a squeeze thru $1.17 to circa $1.30.
Theses elevated gold prices must be concerning for shorts as they appear sustainable (especially heading towards the end of short term rate rises and escalating geopolitical issues). SLR remains a potential takeover target as consolidation continues to be a viable alternative (i.e. buying ounces cheaper than exploration due to cost inflation atm).
GLTAH