Return on invested Capital YOY is rising.
Market Cap ($M): 1,853
https://hotcopper.com.au/threads/ann-agm-2024-ceo-presentation.8016870/
Not much 'hard' evidence of GOR outlook..
https://hotcopper.com.au/threads/ann-agm-2024-chairmans-address.8016864/
AGM 2024 Chairman's Address
Cash and equivalents of $146.2M on 31 March 20241
Free cash flow generated of $5.5M during the quarter despite rain impacts
Listed Investments valued at $469M on 31 March 20242
1.0 cent per share ($8.9 million) fully franked dividend returned to shareholders following record financial year (CY2023)
Return (inc div) 1yr: -8.01% 3yr: 9.05% pa 5yr: 12.86% pa
This year we have begun to align our reporting with the International Financial Reporting Standards (IFRS) S1 and IFRS S2, the new sustainability reporting standards issued in 2023 by the International Sustainability Standards Board (ISSB).
Investment portfolio market value ~$465M* Strategic 19.9% in De Grey Mining Prospective Greenfields exploration portfolio
a look bigger picture..
$US curreny Gold
Au up around historic highs..
Need to check this vs $AUD currency ..What do think?
GOR seems reasonable value.. 'GOR has dipped a little here.
LGold is mostly traded on the OTC London market, the US futures market (COMEX) and the Shanghai Gold Exchange (SGE). The standard future contract is 100 troy ounces. Gold is an attractive investment during periods of political and economic uncertainty. Half of the gold consumption in the world is in jewelry, 40% in investments, and 10% in industry. The biggest producers of gold are China, Australia, United States, South Africa, Russia, Peru and Indonesia. The biggest consumers of gold jewelry are India, China, United States, Turkey, Saudi Arabia, Russia and UAE. The gold prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our gold prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.