"This [mill upgrade] was a low capital project implemented at budgeted cost of A$4.1 million and we expect the project to payback that investment within a few months Mr Davis added."
THAT is the difference between these companies: FML claimed their mill upgrade was "on budget" at $17M+ but actually cost them over $20M. Will that pay back in a few months?
Les is a master of "under promise and over deliver" - that means SLR might be a little undercooked today, but it's a keeper.
SLR Price at posting:
$1.12 Sentiment: Hold Disclosure: Held
