Gold Road 2023 AGM Presentation

Gold Road Resources (ASX: GOR) 

Published an updated corporate presentation for their recent AGM.

Gruyere achieved record performance in 2022, producing 314,647 ounces of gold, with Gold Road’s 50% share of production at an All-in Sustaining Cost (AISC) of A$1,447 per ounce. 

 

.

Gold Road Resources

Gold Road – Gruyere JV Gold Mine at night.

 

.

Gold Road ASX : GOR
Stage Production   (50% JV)
Metals Gold
Market cap A$1.95 Billion   @ A$1.81
Location Laverton, Western Australia

 

 

Gold Road Resources Publish AGM Corproate Presentation

 

.

Gold Road Resources (ASX: GOR) published an updated corporate presentation for their recent AGM.

Gruyere achieved record performance in 2022, producing 314,647 ounces of gold, with Gold Road’s 50% share of production at an AISC of A$1,447 per ounce, in line with guidance and at one of the lowest costs of production in the sector.

.

.

Chairman Tim Netscher stated;

“In April 2023 we reaffirmed our outlook of a sustainable 350,000 ounces of annual production from Gruyere until at least 2032 – placing us firmly in an exclusive club of ASX gold producers able to talk about solid, sustainable and predictable production out over 10 years.

 

“As a result of Gruyere’s strong performance, Gold Road was able to report a full-year net profit after tax for 2022 of $63.7 million, from revenue of $382.9 million.

 

“2023 has got off to a very strong start, with a record quarterly free cash flow of $44 million delivered in the March quarter as we benefitted from record mill throughput and a record price for our fully unhedged gold production.”

.

.

To view the AGM Corporate Presentation, please click HERE

.

=======

.

If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

.

Disclosure

At the time of writing the author holds no shares in Gold Road Resources

 

.

To read our full terms and conditions, please click HERE