I have said repeatedly on HC that SLR either had to pay dividends or (preferably) engage in further M&A to de-risk the portfolio by having multiple mines, and to achieve more efficient use of overheads like listing costs, and management costs. Moreover, to optimise the SP, a company must be supported by institutional investors. NST hit a new all time high today, and shows how strategic M&A can be so value adding in a commodity bull market. If a another M&A occurs, that will be my exit sign .... hopefully at $2+ ??
Meanwhile my SLR to RED trade is going gangbusters ..... Nordesmic has gone very quite since he dismissed RED and SLR .... hope for his sake that WAF and CDV don't remain stuck in "too hard" land.
I have said repeatedly on HC that SLR either had to pay...
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