Originally Posted by
Daytr
I have just topped up again on SLR at 45c. Must admit I didn't think it would get this low. I have averaged in at 50c & will now sit tight. As long as the POG holds up it shouldn't be long before we see a bounce back. Shorters have had a field day on this one having dropped around 40% in value in the last week or two! All in sustaining costs forecast of A$1016 gives it a very good margin at the current price of A$gold. EBITDA should exceed A$70M pa, could be higher, could be lower dependent on the POG.