and kmuirhead
I'm not loyal to CTO and don't particularly care who is in charge of this project at the end of the day.
If this large advanced project was for sale (and it's the biggest single gold resource in Australia) - I'm sure there'd be a lot of keen interest from mid size goldies to majors.
The majors know CTO has a large resource, it'll have low cash costs, they know it's ideally located, has all the infrastructure, they know it's in Australia.
It has $227 mill worth of property plant and equipment.
I'm pretty sure it'll sell for multiples of the current share price ..and multiples of the current mnarket cap which MR market thinks is only $130 mill.
i think Mr Market is dreaming.
I
and kmuirhead I'm not loyal to CTO and don't particularly care...
-
- There are more pages in this discussion • 27 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 ! $15M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $2.403K | 600.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 12795566 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1997361 | 7 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| CTO (ASX) Chart |