GOR 2.70% $1.71 gold road resources limited

tree shaken and nearly snapped, page-7

  1. 1,296 Posts.
    The non-copyright AFR material says,

    "West Australian gold explorer Gold Road Resources will look to raise an additional $25 million to $35 million by the end of the year."

    Anything further needs a login.

    There are four months left in the year.

    Say it takes two weeks to prepare the paperwork and organise a raising, then it is announced, two weeks for paperwork to go out, three weeks to lodge the paperwork, one week to finalise, that's a total of eight weeks. So if they want the funds in the kitty by Christams, we should see an anouncement within eight weeks.

    Ian will make sure any fund raising is well supported by positive news flow.
 
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