What's Tonkin going to do with his shareholders' money at Silver Lake?

KA CHING, ka ching, ka ching … the sound of the cash register at gold miner Silver Lake Resources as estimated cash holdings move to well in-excess of A$250 million. So, as lead custodian of his shareholders’ money, what has Silver Lake MD Luke Tonkin got in mind for the big, growing cash pile?

What's Tonkin going to do with his shareholders' money at Silver Lake? What's Tonkin going to do with his shareholders' money at Silver Lake? What's Tonkin going to do with his shareholders' money at Silver Lake? What's Tonkin going to do with his shareholders' money at Silver Lake? What's Tonkin going to do with his shareholders' money at Silver Lake?

Luke Tonkin

To date, dividends have been a no-go zone for Silver Lake.

While that would seem unlikely to change, if it can't crack open an M&A deal soon, then a change is not inconceivable.

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