CTO citigold corporation limited
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Ann: Quarterly Activities and Cashflow Report , page-7

  1. woteva
    2,213 Posts.
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    29/01/10
    10:27
    Post #: 6259517
    According to Chris Towsey they plan to average 10g/t due to dilution during mining and milling.
    They operate at 98% recovery so they lose 2%, therefore if they were to treat high grade only ie.14g/t then they would lose a larger amount of oz's, so to optimise potential they are targeting 10g/t

    Make sense?
    CTO Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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