directors mentioning dividend in announcement, page-30

Let's not agonise too much - CTO still has the 10 mill oz resource... it's not in a hurry to give it away unlike some outfits who are running multi million dollar losses whilst happily giving their resources away in huge chunks - 200,000 oz/annum plus.

i know we all would like to see things happen sooner ..but
this should not be a rush to flush our resources and shareholder value ( a high grade gold resource in CTO's case) down the toilet.

I'm happy with the capital works since the power upgrade and funding.

Gross profit from current meagre CTO sales is running at close to 50% of revenue... we only made a small sub mill loss last HY.
CTO margin's close to 50% of revenue !

this should underpin CTO.

compare that to the multi mill dollar losses some "emerging"
juniors are making whilst depleting their resources and shareholder's value.