GOR 1.24% $1.59 gold road resources limited

I doubt it was DEG. There would have been a lot of people in the...

  1. 7,789 Posts.
    lightbulb Created with Sketch. 58
    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
$1.59
Change
-0.020(1.24%)
Mkt cap ! $1.722B
Open High Low Value Volume
$1.62 $1.63 $1.58 $6.790M 4.260M

Buyers (Bids)

No. Vol. Price($)
3 10288 $1.59
 

Sellers (Offers)

Price($) Vol. No.
$1.60 5848 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$1.59
  Change
-0.020 ( 1.10 %)
Open High Low Volume
$1.63 $1.63 $1.58 1171576
Last updated 15.59pm 03/05/2024 ?
GOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.