SLR 0.00% $1.57 silver lake resources limited

sellers are almost dry, page-2

  1. 34,006 Posts.
    lightbulb Created with Sketch. 1853
    no reason to sell if you do the math on their earnings I feel, I am thinking they are selling gold $200 more than last quarter with production costs around $50 an ounce less than last quarter due to lower diesel costs.
    SO combined we are looking at $250 more going to the bottom line per ounce on 10,000 ounces for the quarter
    SO thats an extra $2.5M over and above last quarters profit, for the quarter IMHO
    The other thing is they had more gold in circuit last qaurter than the previous quarter so last quarters bottom line was subsidising that.
 
watchlist Created with Sketch. Add SLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.