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$1.41 silver lake resources limited

Good call Buckles

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Energy Eric

65 Posts.

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31/07/20

23:18

Post #: 46231481
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Originally posted by timbuckley: ↑

Id rather see them produce for another year - that would give them close to $400 mill in cash. And would see them close to $3 per share.
If they continue with exploration and adding to reserves from their own tenements - it would come at no great expense whereas, trying to pick up a decent deposit via takeover of another co would come at great expense due to most gold cos having risen in price.
Taking over other cos cheaply ended last year - i think SLR last take over was as good as it gets for a while.
In saying that, i would expect excess capital to be returned to shareholders next year in form of a special div - esp if POG rises much further over the coming 12 months - rather than spend it unnecessarily on buying assets that may be only as good as their own current deposits.
imho.

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Good call Buckles

SLR Price at posting: $2.45 Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last $1.41		Change 0.000(0.00%)		Mkt cap ! $1.303B

Open	High	Low	Value	Volume
$1.41	$1.41	$1.39	$763.5K	544.9K

Buyers (Bids)

No.	Vol.	Price($)
22	23774	$1.41

Sellers (Offers)

Price($)	Vol.	No.
$1.41	70097	27

View Market Depth

No.	Vol.	Price($)
25	52612	1.405
20	34081	1.400
20	59920	1.395
21	50951	1.390
15	39636	1.385

Price($)	Vol.	No.
1.410	62844	25
1.415	31975	11
1.420	83077	14
1.425	57038	10
1.430	33719	9

Last trade - 11.23am 06/05/2024 (20 minute delay)


Last $1.41			Change 0.000 ( 0.14 %)
Open	High		Low	Volume
$1.41	$1.41		$1.39	166818
Last updated 11.41am 06/05/2024 ?

SLR (ASX) Chart

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