Lol was thinking the same thung.
Way too early to dismiss DEG as a poor investment. At surface Hemi sized deposits in Tier 1 locales are incredibly rare.
and GOR...
Gruyeres already generated 1 billion in operating cashflow for GOR, and its not even close to reaching the halfway point of operating mine life.
Stip ratio is increasing but so are average reserve grades and cash generating margins.
GOR is unhedged making it fully levered to future gold price movements.
Production profile vastly improving in H2 CY24.
GOR has a cash and equivalent liquid assets balance in excess of 650 million when including the market value of the 1.5% NSR over Gold Fields future share of Gruyere production. Gruyere will have produced 1.5 million Oz by midway through June Q. NSR is activated once 2 million Oz level hit.
Lol was thinking the same thung.Way too early to dismiss DEG as...
Add GOR (ASX) to my watchlist
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Last
$1.62 |
Change
-0.010(0.61%) |
Mkt cap ! $1.755B | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.63 | $1.59 | $5.782M | 3.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15350 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 58360 | 3 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$1.62 |
Change
-0.010 ( 0.34 %) |
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| Open | High | Low | Volume | ||
| $1.60 | $1.63 | $1.59 | 652369 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| GOR (ASX) Chart |