Market cap of GOR Down some $200m today on news of production at the lower end of guidance....because that represents a permanent loss......oh wait, No, that means the gold is still in the ground ......and will be dug up and sold in the future, probably at a higher price. On reflection - I wonder how long that gold has been in the ground? perhaps 100million years? ......what a disaster that it gets to stay there for a few more weeks or months!
The fundamentals have not changed - GOR has a really good cash producing mine, cash in the bank, nil debt, holds 20% of DEG - the best Gold development in the country, and exploration upside. Today just provides a good opportunity to top up for anyone with the cash. GLTAH's
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- Ann: December 2023 Quarter Production Update
Ann: December 2023 Quarter Production Update, page-20
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Last
$1.57 |
Change
0.003(0.16%) |
Mkt cap ! $1.703B |
Open | High | Low | Value | Volume |
$1.57 | $1.58 | $1.55 | $2.048M | 1.307M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 31099 | $1.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.58 | 62487 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 30589 | 1.570 |
14 | 60885 | 1.565 |
14 | 107899 | 1.560 |
18 | 161494 | 1.555 |
21 | 113738 | 1.550 |
Price($) | Vol. | No. |
---|---|---|
1.575 | 62487 | 29 |
1.580 | 99801 | 22 |
1.585 | 60500 | 12 |
1.590 | 326174 | 9 |
1.595 | 83317 | 7 |
Last trade - 11.38am 05/09/2024 (20 minute delay) ? |
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GOR (ASX) Chart |