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3.09%

$1.67 gold road resources limited

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

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euphoria

343 Posts.

74

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 $1.67		Change 0.050(3.09%)		Mkt cap ! $1.809B

Open	High	Low	Value	Volume
$1.64	$1.69	$1.62	$6.962M	4.174M

Buyers (Bids)

No.	Vol.	Price($)
1	4490	$1.67

Sellers (Offers)

Price($)	Vol.	No.
$1.68	53847	3

View Market Depth

No.	Vol.	Price($)
4	33123	1.660
5	116763	1.655
1	26270	1.650
1	10000	1.640
2	4085	1.620

Price($)	Vol.	No.
1.675	25317	2
1.680	36270	2
1.685	34180	3
1.690	62960	6
1.695	80200	6

Last trade - 16.10pm 06/06/2024 (20 minute delay)


Last $1.67			Change 0.050 ( 2.63 %)
Open	High		Low	Volume
$1.64	$1.69		$1.64	1137730
Last updated 15.59pm 06/06/2024 ?

GOR (ASX) Chart