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.
Ann: Gold Road Increases Financing Facilities, page-8
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GOR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.80 |
Change
0.040(2.28%) |
Mkt cap ! $1.944B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.81 | $1.78 | $7.617M | 4.251M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37263 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 215195 | 13 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GOR (ASX) Chart |