I don't think the ASX have the power to ask a company to prove its projects are economical. The ASX have had a look at their recent quarterlies and queried their viability based on their cash position but that is as far as they seem to go remembering the company is now an explorer, basically the ASX is a toothless tiger. I do believe the JORC should be reassessed by an independent competent person given the previous COO and competent person was moved out and is now only in a consultant role.
As they say "The proof of the pudding is in the eating" and in this case the pudding has cooked for way to long and tastes pretty bad, seems some golden ingredients are missing.
DYOR My thoughts and ramblings only
Ann: Citigold raises $3.375 million , page-22
-
- There are more pages in this discussion • 15 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
0.001(12.5%) |
Mkt cap ! $13.5M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $6.917K | 1.389M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 14347753 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1791446 | 6 |
View Market Depth
| Last trade - 14.47pm 05/08/2024 (20 minute delay) ? |
| CTO (ASX) Chart |