GOR 1.19% $1.70 gold road resources limited

labour cost increase is across the board to all operators,...

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  1. 2,815 Posts.
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    labour cost increase is across the board to all operators, however with GOR being a low cost operator it could be better positioned to absorb those increases when compared to other juniors. Unplanned failure is temporary in nature it happen all the time whit mechanical parts moving. When the microgrid with PV panels and battery will be commissioned, GOR will be in advantage to others with price of oil running like a bull in the next few months. POO >100$ is a distinct possibility. And it will hit hard all those goldies oprating on diesel engines. If one has a view GP is going up given the inflationary environment and don't trust the crypto, I reckon today represent a juicy opportunity to start building a position here.
 
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