SLR will produce between 205 & 220k toz pa with all in...

SLR will produce between 205 & 220k toz pa with all in sustaining costs of A$1016.

At say 212k of production they will produce a profit of A$80M at the current price of A$ gold. They will have a massive tax credit from the write downs of last year so there should be no income tax paid.

The market cap is 210M.
The PE is around 2.5 based on the these projected earnings!

The current SP doesn't stack up.
My view is that the POG will be higher on average this year as well so imo these earning projections are conservative, however that is obviously a view.

Forget the past, that's the future & if you ask me things are looking pretty rosy.