CTO citigold corporation limited
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This baby's not going to produce at 1MTpa in the forseeable. It...

  1. jezzathegeo
    664 Posts.
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    16/03/24
    11:40
    Post #: 72919080
    This baby's not going to produce at 1MTpa in the forseeable. It ain't even got a mill, let alone a coherent Mineral Resource and the "Ore Reserve's" the product of a First Year engineering student who's been on the lager all semester.

    That said, properly configured, it could possibly do 50koz per year, provided that the mineralisation could be sufficiently drilled ahead of development and a decision to mine. Otherwise she's gunna be another Ballarat all over again.
    CTO Price at posting: 0.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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