Because the former CEO farmed these out to a new company and then resigned from GRL and went to work for the new company (Orange)
from the announcement of the 18th December last year. Godolphin’s CEO, David Greenwood, commented: “We look forward to working with Orange to help realise the full potential of the Calarie, Wiseman’s Creek and Ophir projects
Mainly based on these assets Orange has a higher market cap than GRL.
