SLR 0.00% $1.57 silver lake resources limited

Some miners in the heat of the action certainly earn their pay...

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    Some miners in the heat of the action certainly earn their pay cheques. North of 45C every day in summer in central WA, and north of 40C with 60% humidity is common place during summer in north west QLD.

    Where SLR will be able to save big cash is in their transition away from cut and fill mining at some of their sites, which was flagged in a recent announcement. This method of mining is very costly however it is still popular because of its flexibility to a different array of ore deposits; moving towards a form of stoping can save up to $100/oz in mining costs if the ore deposit suits. They'll also look at ensuring the Murchison mill is hitting peak recoveries from the get-go, which is certainly no easy task. The outcome of these two options will dictate if SLR is a $1100/oz miner or a $1050/oz miner in the shorter term.
 
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