The construction cost was reported in April as up to $585 m. GF will pay its share up to $550.7 m. So in worst case GOR may have to pay an extra $34.3 m out of its own funds. This translates into around 4 cents a GOR share of additional cost which is peanuts when the future cash flows are considered.
There are 33 m of short sold shares just sitting out there waiting to catch the nervous shareholders folding.
Even with this construction cost increase and also $50 m more GOR is a $2 share once producing GOLD.
Find more gold GOR.
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GOR
gold road resources limited
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0.29%
!
$3.44

Cost blowout
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Last
$3.44 |
Change
0.010(0.29%) |
Mkt cap ! $3.737B |
Open | High | Low | Value | Volume |
$3.43 | $3.44 | $3.41 | $11.20M | 3.268M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 46342 | $3.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.44 | 181622 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 46342 | 3.410 |
5 | 23617 | 3.400 |
4 | 13765 | 3.390 |
2 | 6000 | 3.380 |
3 | 7800 | 3.370 |
Price($) | Vol. | No. |
---|---|---|
3.440 | 181622 | 6 |
3.450 | 138440 | 8 |
3.460 | 50660 | 10 |
3.470 | 32000 | 2 |
3.480 | 104943 | 6 |
Last trade - 16.17pm 18/09/2025 (20 minute delay) ? |
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GOR (ASX) Chart |