CTO citigold corporation limited

Ann: Quarterly Activities and Cashflow Report , page-3

  1. gmt
    8,256 Posts.
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    Your calculations are not to flash, according to the financial report the $73mill net operating cash flow is after the the majority of expnses, salaries, cost of production etc are taken from the $5.343mill received from gold sales and debtors. Having said that overall another very poor result. Never ceases to amaze me how many years this continues with negative returns on capital.

    DYOR my thoughts and ramblings only
 
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