Australia's largest stock trading and investment forum Australia's #1 stock forum

CTO

Click for more information

0.00%

0.5¢ citigold corporation limited

Ann: Corporate Presentation, page-25

First 25 Last

Share
Profile

Follow
gmt

8,031 Posts.

133

26/10/20

12:08

Post #: 48384182
Share

Originally posted by glenstock ↑

They probably need $250 million for a plant and the drives to get to the old reefs. Funds for machinery etc etc.
A long road before any gold is poured. Citigold has struggled for 15 years.
Perhaps a fresh drill program to confirm ore grades/widths would be a good start before any investor/ lender will back it.

Expand

A BFS would probably be a good starting point, referencing an antiquated JORC report just doesn't cut it. IMHO

DYOR My thoughts and ramblings only

CTO Price at posting: 1.6¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

1 Great analysis

Reply

Top Stories

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

RXL

Diamond drilling hits gold at 16.71 g/t for Rox at Paddy's Lode, extending mineralisation

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 10 more messages in this thread...

First 25 Last

Add CTO (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $15M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$65	13.03K

Buyers (Bids)

No.	Vol.	Price($)
2	528465	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	7185216	16

View Market Depth

No.	Vol.	Price($)
1	13031	0.005
2	528465	0.004
29	19876937	0.003
10	15478691	0.002
10	15702988	0.001

Price($)	Vol.	No.
0.004	13000	1
0.005	7185247	16
0.006	5417960	8
0.007	2263000	4
0.008	3922992	5

Last trade - 10.02am 04/10/2024 (20 minute delay)

CTO (ASX) Chart