POG SLR 23 Jan $898 0.20 20 FEB $992 0.36 17 APR $868 0.415 2 Jun $981 0.735 1 Aug $880? 0.60?? 1 Oct $1000 1.00??
This shows that SLR is rising despite POG. Implies that the market is recognising the value of SLR. Noting that when POG has a big rally it tends to give SLR a push along too, but that SLR is rising as the value of the company improves.
My point being that if in 12 months the POG were only $850 SLR would likely be trading higher than it is today.
IF you can hold for 12 mnoths, the only risk I see is that in 12 months the POG is trading at USD$700 or below. If that was to occur then SLR might be around 50c, but then again the AUD could be at 0.70. so they effect might not be major.
Thank you.
SLR Price at posting:
67.5¢ Sentiment: LT Buy Disclosure: Held
