You don't line up substantial excess funds like this unless you already have some idea what you are going to use it for.
My guess is management have confidence about the exploration they are conducting.... if successful they are now in the position to self fund anything commercial.
Ann: Gold Road Increases Financing Facilities, page-7
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Last
$1.65 |
Change
0.040(2.49%) |
Mkt cap ! $1.782B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.65 | $1.61 | $10.03M | 6.140M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7331 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 78622 | 6 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$1.63 |
Change
0.040 ( 1.61 %) |
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| Open | High | Low | Volume | ||
| $1.63 | $1.64 | $1.61 | 636378 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| GOR (ASX) Chart |