trkjd1
That Western Decline is going to incorporate another Mine of similar size to Warrior (Imperial) and access around 2 mill oz of gold.
the Western Decline is a huge development for a small company - and it has to be developed in order to access multiple stopes.
So there's a lot of expense before we see the cash flow.
The Western Decline is a massive development and does take time, power (the recent power upgrade at least helped) and money.
I hope CTO does have the money and cash flow to do it and realise the full potential (300,000 oz/annum) otherwise - i'm asking you - how much would this project be worth to a major ?
How much would a major be prepared to pay CTO to take the project off its hands ?
trkjd1That Western Decline is going to incorporate another Mine...
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CTO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.5M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $4.993K | 1.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3403261 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7556171 | 16 |
View Market Depth
| Last trade - 13.17pm 06/09/2024 (20 minute delay) ? |
| CTO (ASX) Chart |