SLR
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0.00% $1.57 silver lake resources limited

Have to agree on the posts regarding capital injection - suggest...

  1. martie
    675 Posts.
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    27/02/14
    14:35
    Post #: 13059698
    Have to agree on the posts regarding capital injection - suggest the reason for the trading halt.

    Decisions to reduce/modify the Murchison asset will cost money - will produce pain but by how much? How much to raise - perhaps $50 million.

    Like SBM SLR need to get their house in order and needs to be done now. Present metal environment has been instrumental in picking out the people who need to get the broom out and make change. The effect of prolonging need change does impact on the ability for future profits and survival.
    SLR Price at posting: 68.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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