SLR 0.00% $1.57 silver lake resources limited

What changed today Kotare, quarterly out and way below my...

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    What changed today Kotare, quarterly out and way below my expectations, cash build not much ,at a great gold price.
    ," Underlying free cash flow for the quarter of $13.3 million" compared to a great last quarter of ???????

    And the same management are dumb enough to try a takeover of RED. Trouble is they will need more than a billion.
    But they are still buying RED 'inclusive of a further $2 million acquisition of 7.6 million Red 5 shares post quarter end"

    They borrowed 130 million , looks to me only needed half that as they had the rest in cash. Why ?

    So my bet today is they will mount a takeover of RED, RED,s price will go up and SLR will go ????????
    Good day to take some profit.

    Toss that coin folks!


 
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