GOR 0.61% $1.66 gold road resources limited

Ann: Quarterly Activities and Cash Flow Report - March 2022, page-3

  1. 11,723 Posts.
    lightbulb Created with Sketch. 6168
    Hmm... $1.1m cash increase.
    I realise there are other reasons (like $10m 'adverse movements), but... with an AISC of $1526, and a sale price of $900 higher.... well... the numbers are pretty simple, $31.5m in actual free cashflow, just dispears with exploration, dividends and other 'stuff'.
    Compare that with the likes of CMM which saw a $25m incrase in their cash balance... I just struggle to get excited about GOR.
    But good luck to all holders.
    Early investors have done well enough.
 
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