CTO 0.00% 0.4¢ citigold corporation limited

Ann: Proposed issue of securities - CTO, page-8

  1. 176 Posts.
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    very annoying and frustrating . The CTO board has mustered the ultimate definition of procrastination ( "have patience & hope for a miracle" ).
    Assuming that inferred 14m ounces exist even if 5% (700,000 ounces of gold) of the gold was produced say at current AUD2,000 equates to AUD1.4 billion - is this not sufficient to proceed? Has anyone seen a bankable feasibility report on CTO? I searched but could not find it.
 
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