One possible strategy emerges on looking at what has occurred is...

One possible strategy emerges on looking at what has occurred is that SLR are drilling out and exploring Sugar Zone with the possible intention to make it a much more attractive proposition for a potential North American buyer.
Perhaps these funds would then be utilized to attempt take control of Red 5 provided that Mr Smorgon with a 10% holding can be brought on board.
The amalgamated Companies may then be able to form an alliance with GMD to become a 500K producer.
All rather pie in the sky, but then again it is WA !!