GDO gold one international limited
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They're obviously confident that gold prices will continue...

  1. Jakkamanis
    57 Posts.
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    28/04/11
    09:34
    Post #: 8320711
    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
    GDO Price at posting: 50.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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