CTO 20.0% 0.4¢ citigold corporation limited

bullish quarterly , page-8

  1. 24,765 Posts.
    Let's focus on what is really happening.

    So I repost:

    Later this quarter CTO should have access to triple the power supply.

    Add to this substantially increased working hours plus access to the ore body, not just the development drive ore which is currently being accessed and everything looks nicely on track to me.

    "At Warrior the Company has opened up an area of about 300 metres horizontally and potentially large gold resource that may be on the Warrior reef if it continues to perform like the adjacent historical reefs."

    "Later in June we expect a convergence of several operational improvements. The combination of the increase in operating hours each week, the power upgrade, the equipment upgrades and then a broader access to the orebody will see increased gold output and revenues."

    Quotes from the March quarterly.
 
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