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$1.56 gold road resources limited

$2 dollar club, page-319

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euphoria

352 Posts.

76

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 $1.56		Change -0.020(1.27%)		Mkt cap ! $1.690B

Open	High	Low	Value	Volume
$1.57	$1.57	$1.55	$1.918M	1.231M

Buyers (Bids)

No.	Vol.	Price($)
13	22003	$1.56

Sellers (Offers)

Price($)	Vol.	No.
$1.56	60522	46

View Market Depth

No.	Vol.	Price($)
13	22003	1.555
39	167391	1.550
15	165471	1.545
16	155257	1.540
10	42877	1.535

Price($)	Vol.	No.
1.560	62204	47
1.565	144853	39
1.570	117994	22
1.575	104537	15
1.580	333573	10

Last trade - 11.56am 14/06/2024 (20 minute delay)


Last $1.56			Change -0.020 ( 1.59 %)
Open	High		Low	Volume
$1.56	$1.57		$1.55	304940
Last updated 12.15pm 14/06/2024 ?

GOR (ASX) Chart