AOP will give them a conservative million ounces that is 100% owned by GOR. And we have the cash in the bank plus a line of credit to do it without a cash raise. Plus if we own AOP then we also own their $35 million in their bank. Looking outside Yamarna is wise. If RMS up their offer to say 66c then I guess GOR can sell their 19.9% at a healthy profit of about $30 million. But I believe GOR are hot for this aquisition.
Ann: Trading Halt, page-24
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Last
$1.70 |
Change
0.020(1.19%) |
Mkt cap ! $1.837B | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.70 | $1.65 | $5.638M | 3.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20338 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 25767 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| GOR (ASX) Chart |