IF SLR can deliver even 170K oz for the 2014 calendar year for...

IF SLR can deliver even 170K oz for the 2014 calendar year for AUD470 profit per oz, that's a respectable profit of $80M after tax.

Forget about the $20M saved by placing Murch(po)ison under C&M and we still have EPS of 16c...even with this last dilution.

Mgt would do well to look that far ahead and provide at least a token dividend to shareholders by throttling back expenditure. That's in a perfect world of course and we all know where mining co. directors reside.

M&A might come into play with increased production and ounces, large tenement position and stronger balance sheet.

Maybe they've already looked that far down the track.