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$1.53 silver lake resources limited

Love your analysis MIS - when do you think SLR would begin to...

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NT man

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17/10/19

09:37

Post #: 40923689
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Originally posted by MIStragic: ↑

One other thing to note from Nordesmic commentary is the importance of SLR cash accumulation - it means that its ASIC is relatively comprehensive and at A$2000/oz gold, SLR is profitable (but not enough to pay dividends)(my comment), and likely to continue with its cash build which will place it in a good (necessary) position to engage in further M&A. Some companies report production and good AISC but no cash ??
So, I think we can take it as a given, a deal with EGA will be finalised, perhaps with a sweeter thrown in. But as Cool Hand stated in his Denver address, SLR wont be over paying, and whatever M&A occurs, it will have to be a WIN win .... yes, pun intended .... SLR should get perhaps more, after all its the lifesaver, and has other options. Obviously the markets perception of SLR value is very dependent on the POG .... I'm looking to trade out of SLR when the next SP surge occurs. I like Nordesmic approach were he try's to identify oversold in good quality, and then exits on the left hand side of the SP up spike ..... greed and laziness never make money.

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Love your analysis MIS - when do you think SLR would begin to pay dividends ?

SLR Price at posting: 97.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.53		Change 0.010(0.66%)		Mkt cap ! $1.430B

Open	High	Low	Value	Volume
$1.52	$1.53	$1.50	$2.905M	1.915M

Buyers (Bids)

No.	Vol.	Price($)
1	6536	$1.53

Sellers (Offers)

Price($)	Vol.	No.
$1.53	12360	2

View Market Depth

No.	Vol.	Price($)
1	6536	1.525
2	15435	1.520
5	39532	1.515
6	77052	1.510
5	147126	1.505

Price($)	Vol.	No.
1.530	6536	1
1.535	44397	6
1.540	51854	8
1.545	46571	5
1.550	74799	8

Last trade - 16.10pm 14/05/2024 (20 minute delay)


Last $1.53			Change 0.010 ( 0.84 %)
Open	High		Low	Volume
$1.52	$1.53		$1.50	721824
Last updated 15.59pm 14/05/2024 ?

SLR (ASX) Chart