Gold Road Resources (ASX: GOR)
The securities of Gold Road Resources Limited (‘GOR’) will be placed in trading halt at the request of GOR, pending it releasing an announcement.
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| Gold Road | ASX : GOR | |
| Stage | Production (50% JV) | |
| Metals | Gold | |
| Market cap | A$3.2 Billion @ A$2.93 | |
| Location | Laverton, Western Australia | |
| Website | www.goldroad.com.au |
Comment
This looks like the end for Gold Road, Gold Fields have returned with a more sensible offer.
The fact the stock is halted suggests to me there is a good chance the deal will be consummated this time. If it is, I have an abundance of stocks to invest the proceeds in.
I am hoping for a price close to A$4 personally.
Gold Road is wholly held in my ISA so no CGT worries.
Market Announcement
2 May 2025
ASX Limited ASX Customer Service Centre 131 279 | asx.com.au
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Gold Road Resources Limited (ASX: GOR) – Trading Halt
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Description
The securities of Gold Road Resources Limited (‘GOR’) will be placed in trading halt at the request of GOR, pending it releasing an announcement.
Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 6 May 2025 or when the announcement is released to the market.
Issued by
ASX Compliance.
To read the full news release, please click HERE
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The live gold price can be found HERE
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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.
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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.
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Disclosure
At the time of writing the author holds shares in Gold Road Resources
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