Yes, it would send a good signal if directors bought a parcel at...

Yes, it would send a good signal if directors bought a parcel at these prices.

It just seems so cheap. If very conservative and say POG fluctuates around these levels - AUD $1300 - $1400. Then if everything is as seems SLR should be putting $40m (very conservative) on the bottom line that is a PE of approx 5 at 44c. Granted profit won't be seen on the annual this year due to write-downs but as investors we are looking a year or two ahead.

There doesn't appear to be any more skeletons and there is potential to up production. What am I missing for the market to price it so low.