Thanks for posting Silver Lake's historical Price to Book ratios, 1ozCopper.
I've taken a look at their last financial statement. In just the last 6 months reporting period (June 30, 2019 to Dec 31st, 2019), Silver Lake's net assets increased from $474.2m to $582.6m, a 23% increase.
With their "low price" sub $2000/oz hedges largely behind them in 6 weeks time, plus $560m tax losses to offset future taxable earnings, I can only see net assets continuing to accelerate toward $1b in the not too distant future.
Apply a 5-7 ratio like 2010/11 and that's a decent market cap/share price to look forward to.
- Forums
- Charts
- SLR Chart
Thanks for posting Silver Lake's historical Price to Book...
-
-
- There are more pages in this discussion • 958 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online