CAPITAL MARKETS

Gold Road re-rate writ large

WHEN Gold Road’s exploration manager Julian Woodcock addresses investors this week in Sydney, he should have an attentive audience given a decent re-rate of the budding miner already evident ahead of imminent first production from the Gruyere joint venture with Gold Fields.

 Construction at Gruyere

Construction at Gruyere

At a share price this week of A94c the stock is currently capitalised at well over $800 million, with shares going through the $1 mark briefly 2-3 months back. The stock is up about 40-50% since late...

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