I've been following SLR for a while. I find it intriguing that...

I've been following SLR for a while. I find it intriguing that management haven't outlined a plan for their cash holdings. Or have I missed it? It seems management are favouring organic growth and development. But even a fool can see that companies with strong cash holdings; productive mines and organise growth will be on the radar of larger companies. Maybe SLR believe it's just a matter of time? I don't see a like-for-like merger being viable unless I'm missing a comparable suitor. I can't comment on the likely takeover of a smaller entity.

Still, SLR is in a strong position.

Baron