CTO 25.0% 0.5¢ citigold corporation limited

Ann: Citigold enters $72 million Agreement, page-45

  1. gmt
    7,987 Posts.
    lightbulb Created with Sketch. 133
    Josh42, I would agree that Gold must be there, they have drill / chip samples to prove it, it is the actual amount that is economically recoverable that is in question to me. Given that it is currently an 'Inferred Resource" under the JORC code the confidence level is low. My question has always been what is the all up cost to accessing these pods and narrow veins of gold contained within the host rock, not just the cost of removing the ore and refining it. I am only layman so what I think or say is not worth a bean nor is investment advice.

    DYOR My thoughts and ramblings only
 
watchlist Created with Sketch. Add CTO (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $15M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $50 10K

Buyers (Bids)

No. Vol. Price($)
16 13929453 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 2002168 5
View Market Depth
Last trade - 12.12pm 07/08/2024 (20 minute delay) ?
CTO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.