CTO citigold corporation limited
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quarterly cash flow update, page-6

  1. brownbag
    120 Posts.
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    09/03/10
    09:42
    Post #: 6422497
    Spoke to management last week. They promised the royalty portion (about 35% of the cheque) in two weeks (about one week from now) and the remainder in another two weeks. The cash-flow issue doesn't look great, but the honesty is very nice to hear.
    Hope the Chinese cash helps with short-term cash-flow issues (even if it hasn't helped share price).
    CTO Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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