CGT 0.00% 21.0¢ castlemaine goldfields limited

proposed $16.5m capital raise, page-9

  1. 3,827 Posts.
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    nk, you're right that much of the cash (1/2?) will be used getting to the Mako gold.

    Why would underwriters back it at 10c if it's just 30k of Victorian gold.

    Agree CGT spends money like they are already producing 50k oz - this spend rate has to be stemmed.
 
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