CTO citigold corporation limited

Ann: Notice of Annual General Meeting/Proxy Form , page-2

  1. gmt
    8,244 Posts.
    lightbulb Created with Sketch. 156
    re: Ann: Notice of Annual General Meeting/Pro... I was fairly close, I guessed they would hold the AGM at Charters Towers, Townsville very close by can imagine it will be a huge event, all the shareholders jumping on planes from all over OZ to hear the Company spin in person.
    Security will probably out number attendees.
    A $1500 + trip I won't be taking!

    They are considering increasing the number of board members, would like to be a fly on the wall at the interview for that position. So if they consider it is not appropriate then do the non execs split the additional $250k between them?

    "This year the Company is looking to take advantage of the solid fundamentals of the deposit, skilled workforce and strong demand for Gold"

    So at what point in the gold price rise and rise over the last year did they decide it is a good time to take advantage of the gold price this year when there is 2.5months left of the year?
    So does that mean they have been stock piling gold so they can sell it now with the price up at its highs? Or are they currently hauling the mother load out of the ground in readiness to sell.

    Geeze the way they word there announcements leaves them open to criticism it is so frustrating but what more can we expect. Still trying to sugar coat everything.

    DYOR My ramblings only.
 
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