SLR 2.31% $2.11 silver lake resources limited

looks bright

  1. nk
    2,918 Posts.
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    new article

    http://www.silverlakeresources.com.au/files/files/146_Gold_Mining_Journal_Oct-Dec_2008.pdf

    they are now targeting around 60,000 ounce pa production by blending the low grade open cut giving a cash cost of $500

    the cash cost seems realistic now given the falling labour energy and material costs in WA.

    so a scenario for next year is 60,000 ounces at a net margin of $500 or $30million pa profit
 
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