as an FFR holder, deal seems OK for both sides, probably the best result considering circumstances for both sides. CGY gets ore, FFR partners with a producer, the time cost of doing nothing for both is probably more expensive long term then extracting the value now and leveraging off eachother.
Gold price gets a bump higher in the next year and its a good deal for GCY and also forwards cash flows sooner for expansion. FFR tenements to be further explored and looks highly prospective.
I think long term GCY will do well from this given rising gold prices and further Yalgoo exploratio.
as an FFR holder, deal seems OK for both sides, probably the...
-
- There are more pages in this discussion • 66 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
83.0¢ |
Change
0.010(1.22%) |
Mkt cap ! $916.8M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 83.5¢ | 82.0¢ | $3.833M | 4.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25650 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 194554 | 5 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SPR (ASX) Chart |