I wonder if a merger is on the cards, possibly with RRL or GOR, both of who would benefit from another producing mine that is making cash, in order for them to pay for the substantial development costs of their next mine.
For example, RRL needs nearly a billion dollars to bring their next project into production.
GOR are less in need.
And you can probably throw DEG into the mix there somewhere also.
I've a feeling that all the M&A in gold stocks on the ASX has not concluded just yet.
Gw
I wonder if a merger is on the cards, possibly with RRL or GOR,...
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Last
$1.33 |
Change
-0.070(5.00%) |
Mkt cap ! $1.565B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.31 | $30.28M | 22.74M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 300000 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |