At a grade of just over a gram a ton, we don't need much to go wrong to make the operation uneconomic. Can't tell much by the short position of only 1 percent, when Chalice CHN is over 6 percent. It looks like GOR has been a serious 'no-buy' for maybe 3 months. This labor situation looks potentially dire for this business. There are going to be a lot of workers coming off the closed-down-suspended projects, so hopefully, labor can be sorted out.In the medium term, the 10 percent fall looks like a massive overreaction.
$2 dollar club, page-222
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Last
$1.80 |
Change
0.020(1.13%) |
Mkt cap ! $1.944B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.80 | $1.78 | $7.416M | 4.144M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10298 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 52399 | 6 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| GOR (ASX) Chart |