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$1.62 gold road resources limited

Ann: Response to Media Speculation, page-24

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deserthead

501 Posts.

80

15/04/24

16:25

Post #: 73353074
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Originally posted by Joelstar: ↑

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.

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"The markets a joke. Brokers are still using $2650 gold price forward assumptions in their models"

Can't disagree with ya mate. They're so far behind the price curve it ain't funny.

GOR Price at posting: $1.70 Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last $1.62		Change -0.050(2.99%)		Mkt cap ! $1.755B

Open	High	Low	Value	Volume
$1.67	$1.68	$1.62	$12.11M	7.364M

Buyers (Bids)

No.	Vol.	Price($)
6	170799	$1.62

Sellers (Offers)

Price($)	Vol.	No.
$1.63	7331	1

View Market Depth

No.	Vol.	Price($)
2	95161	1.620
2	88889	1.615
5	136031	1.610
1	7331	1.605
2	17336	1.600

Price($)	Vol.	No.
1.625	7331	1
1.630	7331	1
1.635	7331	1
1.640	7331	1
1.645	52623	4

Last trade - 16.10pm 21/05/2024 (20 minute delay)


Last $1.63			Change -0.050 ( 2.56 %)
Open	High		Low	Volume
$1.67	$1.68		$1.63	1371380
Last updated 15.59pm 21/05/2024 ?

GOR (ASX) Chart

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