SLR 0.00% $1.57 silver lake resources limited

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

  1. 3,147 Posts.
    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.

 
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Currently unlisted public company.

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