CGT
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0.00% 21.0¢ castlemaine goldfields limited

Ann: Letter to Shareholders , page-4

  1. snowyjim
    269 Posts.
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    18/04/12
    10:19
    Post #: 9997217
    it seems very strange to me that the CGT board negotiated a takeover almost immediately after the Ballarat mine has become marginally cash flow positive and seemingly within a few months to achieving the target production of 50,000 ounces, which would make the operation highly profitable

    almost as if the Board is giving it all away, like they don't care anymore?

    all very mysterious, I can't figure it out
    CGT Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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