The Market, and I, simply hate the latest deal. All it has been so far is significant value destruction. IMO, SLR should have taken out PNR and set about getting steady state 100Koz/year then looked to increase the (modular) plant throughput with further exploration success. I still beleive Sugar Zone will prosper and easily do another 100Koz/year in time. After all, it is about patience and the long term, not the CEO's indulgence and ego.
Not happy.
SLR Price at posting:
99.8¢ Sentiment: Hold Disclosure: Held