CTO citigold corporation limited

So tomorrow is the end of the calendar year and once again the...

  1. gmt
    8,241 Posts.
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    So tomorrow is the end of the calendar year and once again the company fails to meet or even get close to expectations regarding funding, unless the raising of the $450k and futher diluting shareholdings is counted.

    The below sentence from the June quarterly was no doubt the catalyst for the huge sp rise over the following days, I guess it was all good as far as the ASX and ASIC were concerned as there was no query and the disclaimer at the end of these announcements seems to provide protection for failure.

    "Active discussions for major project funding advanced and funding is expected to be in place by the end of the calendar year."



    DYOR  My thoughts and ramblings only
    Caveat Emptor
 
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