CTO 12.5% 0.5¢ citigold corporation limited

worth holding, page-47

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    obviously the management aren't going to give me figures and what i've posted is reading between the lines.

    What I can be sure of is we had a couple of delays/stoppages that i mentioned and the WS16 ore body becomes higher grade the further West you go - and we are now extracting from the higher grade section.

    - and that we need to make up for the delays if we are to make the target.

    At the current extraction rate (given the high grade ore) we are making some good headway - we are certainly extracting at a higher rate now than at any stage this quarter.

    so draw your own conclusion as I obviously have no figures to go on.

    My only conclusion is we're doing well right now.
 
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