Then, when they find another major resource, if its too far away for trucking to the current processing facilities, then no worries, the power generation for a new processing plant can be expanded given the pipeline has already been built.
GOR is a position I have been building for 8 years with 60% in the last 30 months. I think we have outstanding management that have always been conservative and responsible in their management of the company and announcements. Kicking myself I only started to buy back in at $0.18 instead of $0.04. Viralytics just paid off for me after 8 years which I always thought was more speculative , I am quietly confident GOR will go from strength to strength over the next 24 months with increased gold reserves, revenue from mining, increase in USD gold price and a depreciating Australian Dollar.
As for the Australian economy, from this point it is going to run into stronger and stronger headwinds, and once there is an external shock in the next 24 months (most likely China), it will be cataclysmic.
DYOR this is not financial advice.
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Then, when they find another major resource, if its too far away...
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Last
$1.76 |
Change
0.000(0.00%) |
Mkt cap ! $1.907B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 932 | $1.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.41 | 3062 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 3229 | 1.795 |
6 | 29310 | 1.790 |
6 | 34975 | 1.785 |
6 | 109627 | 1.780 |
3 | 8245 | 1.775 |
Price($) | Vol. | No. |
---|---|---|
1.800 | 14679 | 6 |
1.805 | 55684 | 11 |
1.810 | 33450 | 7 |
1.815 | 33099 | 4 |
1.820 | 10699 | 4 |
Last trade - 10.02am 19/11/2024 (20 minute delay) ? |
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GOR (ASX) Chart |
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