The markets a joke.
Brokers are still using $2650 gold price forward assumptions in their models.
GOR EV sitting at less than 1.4b when including DEG shares.
Current margin is sitting at about $1,750 per ounce sold at today's gold price.
Lower end of guidance 150,000 oz * $1,750 = 260m cash build per year.
Gold Fields 1.5% NSR payable to GOR kicks in at Gruyere next year.
They fund the acquisition with debt, equity and cash.
Add whatever cashflow 40% of a 400koz producing mine would generate and their debt could be paid off within 2 years.
The markets a joke.Brokers are still using $2650 gold price...
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Last
$3.28 |
Change
-0.050(1.50%) |
Mkt cap ! $3.563B | |||
| Open | High | Low | Value | Volume |
| $3.33 | $3.33 | $3.27 | $15.85M | 4.818M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 68286 | $3.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.31 | 49628 | 2 |
View Market Depth
| Last trade - 16.12pm 26/06/2025 (20 minute delay) ? |
| GOR (ASX) Chart |