CTO citigold corporation limited
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Quarterly will probably be out tomorrow after close of market,...

  1. gmt
    8,244 Posts.
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    30/01/12
    13:45
    Post #: 9614610
    Quarterly will probably be out tomorrow after close of market, will give you some insight into what is / is not happening.They will be very pleased with themselves with having the chance to keep management in bonuses and salaries flowing for the next 3 or so years if the deal goes ahead!! Considering they need at least $120mill to get things going and another $100mill from gold sold if they can produce it, the $50mill will be burnt quickly if the additional $70mill is not raised quickly.

    DYOR My thoughts and ramblings only
    CTO Price at posting: 8.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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