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Gold Road Resources Limited (ASX:GOR) securities have been placed in a trading halt, pending the release of an announcement by the Company. Until the earlier of the commencement of normal trading on Wednesday, 1 August 2018 or when the announcement is released to the market, unless ASX decides otherwise, the securities will remain in trading halt.
The company anticipates that the trading halt will be lifted on or before July 31, 2018 regarding the quarterly update of the Gruyere Gold Project, by provision of an announcement to the ASX. The key aspect to note is that the trading halt request follows speculation of a cost overrun in The West Australian newspaper.
The Gold Road last traded at a market price of $0.710 and has seen a performance change of 4.41% in positive over the past 12 months.
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