the play is slr not igr, page-2

I think Les has done it again. Great synergies and lower cost route to expansion of resources and production.
After allowing for $100m cash (net of IGR debt) and $100 m (after processing costs)of stockpiled IGR ore market currently attributing an EV for the combined entity of only $730m. For a company on the road to at least 400koz pa production (at lower costs to ave) it is great value for those with a 1-2 year horizon. Throw in Gt Sthn in abt 2015 and SLR is up to at least 500koz pa.
Be confident that Team Les will extract every bit of efficiency possible out of this operation. What about u/g mine expansion for SLR now? Straight under the tenement border and into the IGR holding.
There is much more upside that first meets the eye.
Big, big mother in the making.