Gold Road Resources Ltd (OTCPK:ELKMF)
$ 1.126 0.06 (5.63%) Market Cap: 1.21 Bil Enterprise Value: 1.13 Bil PE Ratio: 15.64 PB Ratio: 1.91 GF Score: 66/100

Q1 2023 Gold Road Resources Ltd Activities Report Call Transcript

Jan 31, 2023 / 12:30AM GMT
Release Date Price: $1.21
Operator

Thank you for standing by, and welcome to the Gold Road Resources December 2022 Quarter Results Call. (Operator Instructions). I would now like to hand the conference over to Mr. Duncan Hughes, Manager, Corporate Development and Investor Relations. Please go ahead.

Duncan Hughes
Gold Road Resources Limited - General Manager of Corporate Development & IR

Thank you, Darcy. Welcome, everyone, to our December quarterly analyst call. Despite a few processing interruptions, the December quarter source delivered to annual guidance for 2022, with production again increasing in 2023.

The last few months have seen quite a turnaround in gold sentiment with the Aussie gold price now sitting comfortably above $2,700 an ounce. This is not a bad time for a company to be unhedged and selling gold on the spot market.

Gold Resource continued to support our strategic investments with the placement and SPP in De Grey Mining to maintain a 19.73% interest. As of today, our listed investments are valued at $475 million on the ASX.

In the presentation

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