recent sp performance, page-7

I'm a big fan of SLR as everyone knows, but unfortunately I now think all the upside to the current share price will be delivered from POG rises and resource upgrades.The current share price is already about 80 to 90% reflective of the production profile Les has been telling the market through his investor presentations. This profile includes the Murchison production.

So not as much as a no-brainer as it used to be. Same goes for all the junior goldies in my opinion. They are all now a POG play, whereas previously after the whole market correct, there was the production upside as well which the market wasn't factoring in the share prices.