130,000 ounces, disc at A$1,080, POG at A$1,410 = A$43M cashflow/profit. That equals P/E of 4. So from that perspective SLR is cheap. They have enough reserves/resources to keep going for years and years.
Now that looks as cheap as if you were to buy your local Jim's Mowing huh?
SLR is trying to restore investors confidence by changing MGMT. Now it all depends on POG. And no more SURPRISES!!!
130,000 ounces, disc at A$1,080, POG at A$1,410 = A$43M...
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