Today there was an article in the sunday Times in Perth which indicated Gold Roads is expected to go back to the market to raise money to expand their exploration by a great deal this year.
They are saying that Gold Roads is going to Europe(and will hit up investors in ZURICH,GENEVA and LONDON Iin the hope of securing funds within a month.
They hope to have double the drill rigs and staff on site this year.
They also hope to have an upgrade in resources within a few months for Central Bore and first resource for Justinian by the end of the year.
I like this action
They plan to expand drilling at Central Bore,Justinian and Hann.
They are quoting Mr Lubieniecki as being worried about being a Takeover target because of the companies success.
So we could have a Capital raising but this will be pumped into drilling to expand our resource at a greater rate.
road trip for gold explorer
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GOR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.71 |
Change
0.045(2.70%) |
Mkt cap ! $1.852B | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.72 | $1.66 | $7.470M | 4.400M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4150 | $1.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.71 | 142740 | 5 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GOR (ASX) Chart |