SLR
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0.00% $1.57 silver lake resources limited

chukCombined 2013FY production guidance is 150-195kozThe market...

  1. SunburntLand
    6,439 Posts.
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    26/07/12
    13:49
    Post #: 10484908
    chuk

    Combined 2013FY production guidance is 150-195koz

    The market is unforgiving at best so Les has erred on the side of caution with an ultra conservative range

    I'd say 140koz from MM and 35koz from Murchison for 175koz total would be easily achieveable, with scope to surprise on the upside to push that magical 200kozpa mark

    Using current gold price, profit before tax next year of say $500/oz on 175koz = $87.5m

    Enough for a 10c dividend ($23m) and plough the rest into getting Hollandaire and Magic into production and advancing Great Southern

    Not bad for a $30m IPO back in 2007

    Cheers
    SLR Price at posting: $2.69 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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