GOR 3.98% $1.70 gold road resources limited

Ann: Ceasing Participation in Sales Process, page-12

  1. 7,896 Posts.
    lightbulb Created with Sketch. 62
    I doubt it was DEG. There would have been a lot of people in the know about the discussions.

    From here though if GOR can find $800k or a $billion they could form a 50/50 merger with Goldfields and buy DEG. Within 5 years that total merge could be producing 800koz a year. If you were going to put in $1 billion for 40% of 500koz in Canada then put that into a 50% ownership of a 500koz in Australia. If Goldfields kicked in $1.5 billion then together with GOR's extra $1 billion they could buy the remaining 80%. DEG are currently valued at about $2.5 billion so the combined $2.5 billion (GOR plus Goldfields) should be enough to get the 80% extra.

 
watchlist Created with Sketch. Add GOR (ASX) to my watchlist
(20min delay)
Last
$1.70
Change
0.065(3.98%)
Mkt cap ! $1.841B
Open High Low Value Volume
$1.64 $1.71 $1.63 $15.73M 9.318M

Buyers (Bids)

No. Vol. Price($)
4 30661 $1.70
 

Sellers (Offers)

Price($) Vol. No.
$1.71 100888 3
View Market Depth
Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
GOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.