GOR gold road resources limited

Cost blowout

  1. 186 Posts.
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    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.

    Keep the Faith

    Gold Investors Unite
 
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(20min delay)
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
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Last trade - 16.17pm 18/09/2025 (20 minute delay) ?
GOR (ASX) Chart
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