Given that energy is the highest input price to mining gold, the lower oil prices should go straight to the bottom line, the share price does not reflect this. Would be worthwhile if someone contacted GOR to see what that means to the all in sustaining cost of their gold procduction.
$100-$200 an ounce to the bottom line with oil prices at USD $20
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Last
$1.65 |
Change
0.020(1.23%) |
Mkt cap ! $1.787B | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.67 | $1.63 | $8.093M | 4.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16036 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
$1.66 |
Change
0.020 ( 1.49 %) |
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| Open | High | Low | Volume | ||
| $1.64 | $1.67 | $1.63 | 682498 | ||
| Last updated 15.59pm 25/04/2024 ? | |||||
| GOR (ASX) Chart |