yeah i wouldn't even compare slr with sbm.
SBM is producing at 400k ounces but they have over 300m in debt at 8% + interest. Instead of one Murchinson they have two! Who in the right mind would invest there unless you are providing them with debt in the hopes they go under and claiming their assets?
The interest payment on that eats up any possible profit from their profitable australian operations.
mf tempted at current price, page-115
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