CTO citigold corporation limited

Still peanuts when you take into account that the mortgage over...

  1. gmt
    8,241 Posts.
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    Still peanuts when you take into account that the mortgage over the processing plant is probably up to circa $10mill by now and not to mention what they owe other creditors $5mill+?
    IMHO the only thing these small raisings are doing is keeping the regulator at bay, reality is the monthly salary bill will eat up most of the $200k if they are actually paying salaries at the moment.
    IMHO I suspect as more than circa 50% of the shares on issues are held by the Top20 that they would probably be trying to save/ protect their investment by stumping up aid money.
    Still waiting to see this "Superior" deal to materialise!

    DYOR My thoughts and ramblings only
 
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Mkt cap ! $9M
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0.4¢ 0.4¢ 0.3¢ $3.742K 1.230M

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No. Vol. Price($)
24 17165748 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 1613468 7
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Last trade - 15.26pm 20/06/2025 (20 minute delay) ?
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