GOR gold road resources limited

Addendum,Gor might be able to buy 50% of gruyere ,sell off DEG...

  1. 692 Posts.
    lightbulb Created with Sketch. 286
    Addendum,Gor might be able to buy 50% of gruyere ,sell off DEG stake which is a long term liability for say 400-500 million ,sell off a royalty on Gruyere to someone like Wheaton or Franco ,hedge 50% of the gold production on Gruyere to protect against downside of the POG,raise money by a capital raise and take on some debt from Aussie gold banks ,if they are willing to loan money to DEG they would lend money to GOR as Gruyere is a producing asset with cash flow .Just a pie in the sky thought.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$3.38
Change
0.020(0.60%)
Mkt cap ! $3.672B
Open High Low Value Volume
$3.36 $3.41 $3.36 $16.97M 5.011M

Buyers (Bids)

No. Vol. Price($)
1 19963 $3.38
 

Sellers (Offers)

Price($) Vol. No.
$3.40 20500 2
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
GOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.