CTO citigold corporation limited

There are just a couple of statements in this thread that I...

  1. 587 Posts.
    There are just a couple of statements in this thread that I could not ignore to comment on.

    "Whatever you decide IMO at the end of the day your picking up a stock that is undervalued based on earnings and future growth"

    Undervalued based on earning ???? - what earnings, they made a 2.1 million loss for the quarter.

    "From what I have gathered the mill is currently running at around 2/3's capacity and management are keen to take advantage of the remaining capacity and believe that a SPP will fast track that"

    2/3 capacity - then the best that they can do is around 7-8K oz a quarter without some capital investment. How do they propose to meet the targets they keep reporting.

    Not trying to be critical but.......

    Don't have a position anymore.





 
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(20min delay)
Last
0.3¢
Change
-0.001(14.3%)
Mkt cap ! $9M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $837 278.8K

Buyers (Bids)

No. Vol. Price($)
26 18515526 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 3203468 9
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Last trade - 11.08am 26/06/2025 (20 minute delay) ?
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