Yes finicky we're 3 years, maybe 4 years behind schedule .. CTO has overpromised we all know that.
Hence the share price.
But (if I can be flippant) at least it still lives to overpromise another day... when other operations have gone bust.
I still believe that CTO will eventually have a 30 plus year mine life and that will eventually get to the 300,000 oz/year - maybe 5 years after it first promised.
and if the price we have had to pay for CTO's overpromising is a cheap entry price .. so be it.
strong buying, page-17
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.5M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $817 | 193.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 14410520 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5424820 | 10 |
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| Last trade - 12.11pm 05/07/2024 (20 minute delay) ? |
| CTO (ASX) Chart |