CTO 0.00% 0.4¢ citigold corporation limited

the delay thus far and why things may change, page-16

  1. 2,739 Posts.
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    Mr Sism

    Don't worry the sarcasm has already been factored into the share price -

    Property, plant and equipment worth $227 million
    Yet CTO's market cap is only 2/3 rds of that.

    So presumably the high grade resource, and prime location is worth
    = (minus) -1/3rd of CTO's Market cap.






 
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