CTO 0.00% 0.4¢ citigold corporation limited

10m ounces: an investigation, page-9

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    find8
    The point being made was heg and slr are increasing production not staying stagnant or reducing production. Also hegs quarterly they did 472 metres of development and i think they appear to group all there costs together so i think you would find there actual production costs of gold removed and processed are a lot lower than stated. At current production it appears heg are developing and producing gold at around break even.
 
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