gdo to acquire rand uranium, page-8

They're obviously confident that gold prices will continue rising. Costs of $1,235 are pretty high so a lot will depend on whether/how quickly they can get them down. The announcement states that the immediate focus will be enhancing profitability which is a good sign.

Will also be 4 to 6 months before complete. Would be hoping for debt to get finalized so no need for equity.

Just my two cents.

Cheers