I agree with you all that SLI currently has good cashflow...and perhaps the treasury will be padded by those exercising their warrants. I have seen many junior exploration companies try to expand too quickly....and although they may have "the diamond in the rough"..they don't have the capital or liquidity to access thier commodity. Shore Gold in Fort a la Corne Saskatchewan is a perfect example. Although their deposit of Kimberlite maybe one of the largest in the world...they don't have the coffers to move forward, even with Newmont on board.
Diamonds are different than gold........luxury vs. currency.......but the core processes are similar. Thanks to all for their DD and updates they provide for this forum with respect to gold mining....
3 cheers for beer........Fitzy