sl project value

5%= 17 million shares, 100%= 340 million shares,

say SP=50c, 340 million shares= AUD $170 million
= USD $90 million only. which is much much less than the original USD $400 million option.

actually SP =25c now, that means SL project is only worth USD $45 million ??? Confused, maybe Sellier has different idea???---a bargain ... whatever....

my view is maybe recent drilling result in SL is not as good as expected.(that's what I mentioned before-- "overvalued")

SP get some support at 25c, only because of the pending results of CLS. Tony already mentioned maybe several tens of million dollars, if so SP can go back to 30c range, otherwise 18c for sure.

however I am out.