SLR 0.00% $1.57 silver lake resources limited

SLR Chart, page-22

  1. 913 Posts.
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    "I don’t understand what the drop to $0.90"

    FY19 financial results summary The Company’s normalised net profit after tax for the year was $16.7 million.

    Revenue for the year totalled $301.5 million from the sale of 171,322 ounces of gold equivalent at an average realised price of A$1,754/oz.

    Last Quarter profit was 44% greater than all of last FY 2019.

    Firstly the higher realized price of gold and secondly Dory production kicked in.

    Last Quarter:Corporate and Finance ▪ Silver Lake continued tobuild its financial strength with cash and bullion increasing by $24.1 million

    Future prospects are much better with the development of the Santa Underground Mine (“Santa”) at the MountBelches Mining Centre
    and an antisipateg higher gold price.

    Last edited by stelios: 30/10/19
 
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