SLR 0.00% $1.57 silver lake resources limited

cheers for that cash cost comparison mate, that really breaks...

  1. 126 Posts.
    cheers for that cash cost comparison mate, that really breaks down the hype and the BS, I am logical and good to see you see the same way, gold will NOT fall below these cash costs.

    Safe buying at these levels, I also think it is VITAL that SLR slash costs to re-assure the market they are a lower cost producer. Even if they reduce costs by $50 OZ that is a huge difference in the scheme of things and especially when these higher cost miners are going to be wiped out.

    We are all aware of the lucrative salaries some of the contractors, employees and staff are on at these sites.

    Guess what, simply being in a remote part of AUS does not justify 2x the average AUS salary. I know guys getting paid $110K + for unskilled work in these areas.

    Bring that down to 80K and they will still work, otherwise they are looking at 45K back here in Sydney.

    I'm in SLR with an average of 73cents, good luck to all




 
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