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How Yandal Resources Turned Gordons Gold Stake into $2.7m Cash Windfall

8:36am on Tuesday 2nd of December, 2025 AEDT Mining
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How Yandal Resources Turned Gordons Gold Stake into $2.7m Cash Windfall

8:36am on Tuesday 2nd of December, 2025 AEDT
Key Points
  • Sale of 37.57 million Horizon Minerals shares for $2.74 million
  • Total Gordons Gold Project divestment proceeds reach $3.9 million
  • Net cash inflows of $18.9 million in December quarter from divestment, capital raising, and option exercises
  • Cash balance stood at approximately $2.3 million as of September 30
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