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Silver Lake Resources boss Les Davis.

Silver Lake cuts contractor payments after cost dispute

Silver Lake Resources is embroiled in a dispute with Resource Development Group subsidiary Pacer, after the engineering contractor did not explain why the Murchison gold project's costs had blown out by more than $20 million.

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Comments

Was always going to happen when rush a job & get amateurs to manage it.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
261stWestern Areas36%-5%
377thBase Resources12%-3%
624thRamelius Resources-28%1%
709thSilver Lake Resources-43%-31%
749thBeadell Resources-51%-31%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

20/11/17
$0 Other
27/10/17
$99k Bought
15/09/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

18th↑Western Areas$250.5m
19th↑Beadell Resources$250.3m
20th↓Silver Lake Resources$227.5m
21st↑Base Resources$215.5m
22nd↑Ramelius Resources$199.1m
499 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Silver Lake Resources

44thLuke Tonkin$1.148m
240thPeter Armstrong$504k
852ndDavid Quinlivan$141k
Ranked by total remuneration from all listed WA companies

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