To all, what an outstanding result, the management can keep milking, while us dumb ass shareholders get .... "With a total shareholder return of -44% over three years."
Chairman’s Address to 2023 AGM - "Let me start by noting that FY23 was the ninth consecutive year that Silver Lake has delivered on its annual guidance. "Track record of meeting commitments- 9 consecutive years of delivering guidance- Ability to generate cash whilst self-funding exploration andorganic growth."
A great track record, I wonder how many millions in compensation they have got in the last 9 years ?????? WOKE, WOKE, WOKE!
The bad news, the milking is about to stop???. Buying a 12% stake in RED is a potential game saver. ( Management finally made a great call) Who buys RED, a great Tier1 Gold producer with massive upside, will potentially need to buy Silverlake. And Silverlake have some great assets, cash, mines, tax credits.
The million dollar ? Will it happpen and at what price ???????
SLR Price at posting:
$1.03 Sentiment: Hold Disclosure: Held