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0.60%

$1.66 gold road resources limited

buy backs if they have nothing productivr to do with it.plenty...

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euphoria

307 Posts.

70

11/04/24

17:52

Post #: 73301378
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Originally posted by oldbull26: ↑

The amount of cash they are generating in this unhedged bullion can only be used for increased dividends, exploration or for aquisitions/mergers. There is no value in having all that cash in the bank account.

I don't know how much more they will spend around Yamarna on exploration. Doubt it will be a lot...........they will just truck that high grade stuff to Gruyere. Pilbara though is worth more drill holes. An increased divvy will come from shareholders wanting their piece of the pie.

I almost sold at $2, paused a day or so and watched it plummet. This time I think will be different as the production issues and weather should be behind them in the 2nd half of this year.

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buy backs if they have nothing productivr to do with it.

plenty of mining companies have pissed away money in good yrs on silly projects

GOR Price at posting: $1.78 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.66		Change -0.010(0.60%)		Mkt cap ! $1.792B

Open	High	Low	Value	Volume
$1.68	$1.68	$1.62	$6.527M	3.965M

Buyers (Bids)

No.	Vol.	Price($)
8	137755	$1.63

Sellers (Offers)

Price($)	Vol.	No.
$1.66	7572	2

View Market Depth

No.	Vol.	Price($)
5	2997	1.820
1	4000	1.700
2	1982	1.680
3	623	1.675
1	3	1.660

Price($)	Vol.	No.
1.575	9758	1
1.610	86	2
1.655	147	1
1.660	26113	2
1.665	64613	4

Last trade - 16.10pm 29/04/2024 (20 minute delay)


Last $1.65			Change -0.010 ( 1.32 %)
Open	High		Low	Volume
$1.67	$1.68		$1.62	649552
Last updated 15.59pm 29/04/2024 ?

GOR (ASX) Chart