CTO citigold corporation limited
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Ann: Citigold signs MOU , page-2

  1. MDAN
    66 Posts.
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    04/03/10
    09:06
    Post #: 6403239
    So if this JV will cost $70mill (fat chance, it will be higher, base on how much they've blown on Warrior), CTO needs to tip in $35mill. Now where are they going to get those bikkies from + enough cash to keep shovelling into Warrior?

    $35m is at least another 400 million shares. Lots more dilution coming...
    CTO Price at posting: 9.1¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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