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$1.57 silver lake resources limited

SLR Chart, page-570

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hkteo80

31 Posts.

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17/05/20

09:34

Post #: 44661714
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Originally posted by stelios: ↑

FY20 Outlook
▪ Operations positioned to deliver into the upper end of sales guidance of
215,000 to 230,000 ounces gold equivalent at an average AISC range of
A$1,375/oz to A$1,450/oz

Half year production ~ 110 ounces, hedging to Dec-19 ~20%
May not include copper equivalent and definitely does not include the production increase of high grade ore from Rothsay coming online
(27 NOVEMBER 2019 COMPULSORY ACQUISITION OF EGANSTREET SHARES).

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SLR has strong cash flow, It also good idea to do a little of hedging. My thought was too much also not good for a company.

Last edited by hkteo80: 17/05/20

SLR Price at posting: $2.15 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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