GOR 2.84% $1.81 gold road resources limited

GOLD FEVER, page-505

  1. 3,720 Posts.
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    Yes, well unfortunately, GOR is valued more than twice as much on its EV to Production for the next FY as any other ASX producer with an annual production under 200Koz. In other words, GOR is being rated as if it has production over 800Koz when it is only predicting a mid-point of 134Koz.
    There is nothing wrong with GOR as a producer but the market seems to be over-valuing it for some reason.
    It has decent reserves and reources but other goldies with much higher production have better reserves and resources.
    Don't forget that GOR gets 50% of Gruyere and not 100%.


 
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