It means the existing mine shell is projected to last until 2032. Then there is a further estimated 3 million ounces below the existing pit shell that may be mined in the future.
By then the De Grey mine in the Pilbara will have had a number of years of production if GOR hold their 20% ownership.
GOR still has a very bright future.
Ann: Gruyere 3-Year Outlook & Mine Life Reaffirmed, 1 Moz, page-4
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Last
$3.27 |
Change
-0.010(0.30%) |
Mkt cap ! $3.552B | |||
| Open | High | Low | Value | Volume |
| $3.27 | $3.32 | $3.25 | $12.27M | 3.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 62067 | $3.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.28 | 51987 | 3 |
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| GOR (ASX) Chart |