The probable cessation of EOFY tax loss selling today and possible change in sentiment may have finally decoupled the SLR share price with how it seems to have been trading in relation to the AUS $$ gold price recently. SLR nice run with other ASX gold producers today.
However, if this proves to be a false dawn, and the SLR Share Price reverts to the same ratio/metrics that I have been using over the last month or so, we could see SLR sub 50c this afternoon. SLR at approx 48 cents by end of today would be on the money. Seems a stretch I know from where we are right now. My calculations only.
Looking forward to the release of the optimisation studies.
sub 50c
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)