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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 29/06/18

1 year TSR5 year TSR
296thRamelius Resources29%40%
301stSilver Lake Resources28%0%
324thCI Resources24%31%
433rdDoray Minerals2%-5%
534thTribune Resources-10%38%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

03/07/18
$0 Other
20/11/17
$0 Other
27/10/17
$99k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

20th↓Silver Lake Resources$227.5m
22nd↑Ramelius Resources$199.1m
23rd↑Doray Minerals$183.0m
25th↓CI Resources$151.7m
27th↑Tribune Resources$136.7m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Silver Lake Resources

38thLuke Tonkin$1.148m
771stDavid Quinlivan$141k
985thLes Davis$85k
Ranked by total remuneration from all listed WA companies

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