GOR 3.09% $1.67 gold road resources limited

I agree with the first part, you don't line up funding unless...

  1. 703 Posts.
    lightbulb Created with Sketch. 127
    I agree with the first part, you don't line up funding unless you know what you are going to spend it on.

    But I don't think any of their exploration targets are advanced enough to warrant lining up funding. Gilmour needs substantial drilling to increase the size of the resource before you would commit to a stand alone plant. The rest of the targets are early stage. They are 2 years away from needing funding for organic growth. I think there is an acquisition in the wings.

    It would be something in Western Australia.

    Cheers,
    Tim.
 
watchlist Created with Sketch. Add GOR (ASX) to my watchlist
(20min delay)
Last
$1.67
Change
0.050(3.09%)
Mkt cap ! $1.809B
Open High Low Value Volume
$1.64 $1.69 $1.62 $6.962M 4.174M

Buyers (Bids)

No. Vol. Price($)
1 4490 $1.67
 

Sellers (Offers)

Price($) Vol. No.
$1.68 53847 3
View Market Depth
Last trade - 16.10pm 06/06/2024 (20 minute delay) ?
Last
$1.67
  Change
0.050 ( 2.63 %)
Open High Low Volume
$1.64 $1.69 $1.64 1137730
Last updated 15.59pm 06/06/2024 ?
GOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.