Just reads to me like the next 2 years is the ideal time to become a developer of a big project... like DEG, due to the Gruyere mine have low strip ration until 2025.
Which I suppose is quite strategic of them. I note that both DEG and GORs share prices seem to be quite stable. A potential sign that some parties view their values as about right for any corporate action.
Must admit, I did not realise that GOR picked up a few tenements that are potentially complimentary to DEG.
I guess at this point, unless DEG finds another suitor, its just about timing and wrangling of the ratios for both companies shareholders.
Just reads to me like the next 2 years is the ideal time to...
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Last
$1.69 |
Change
0.015(0.90%) |
Mkt cap ! $1.825B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.70 | $1.64 | $5.099M | 3.031M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 43430 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 9330 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| GOR (ASX) Chart |