GNG 1.30% $2.28 gr engineering services limited

I think fall from $2 probably has something to do with Gold Road...

  1. 3,000 Posts.
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    I think fall from $2 probably has something to do with Gold Road selling (controlling) half of Gruyere to Gold Fields. I assume this means that GR is unlikely to get the main EPC work on the project. This would have been a very large contract since Guyere will be one of the largest gold mines built in Australia in the last ~5 years.

    I sold mine between $1.80-1.90 but looking for a re-entry if it keeps going lower.
 
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