https://www.citigold.com/news/11-million-ounce-deposit/
11 million oz deposit and 12 million market cap, that is like buying 1 oz of gold in the ground for $1 worth of shares.
https://www.citigold.com/news/lowcost/
"Citigold’s gold production cash costs are expected to be under A$400 per ounce at the initial production of 220,000 ounces per year and total cash costs under A$500 per ounce of gold produced due to increased efficiencies."
I'm surprised CTO is still allowed on the asx.
https://www.citigold.com/news/11-million-ounce-deposit/11...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $8.624K | 2.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 23897419 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2825460 | 5 |
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| Last trade - 14.38pm 01/08/2025 (20 minute delay) ? |
| CTO (ASX) Chart |