I believe it has been longer as per the following in 2013 Annual Report:
"Citigold has the funding in place, according to modelling, to develop the project in stages over the next five years building up gold production to over 300,000 ounces per annum."
Based on the above they should be already producing 300k ozs per annum !!
In 2010 it was 300k ozs
In 2011 it was 320k ozs
In 2012 it was 330k ozs
In 2013 it was 300k ozs
In 2014 it was 300k ozs
More than a decade of b.s. and the same crap continues and management continue to reap the rewards from a mine producing nothing and the Chairman has been paid circa $6 million and who knows how much in travel and accommodation expenses for here and overseas over the past 12 years.
The retail shareholders haven't fared so well, with the value of their shares tumbling from circa 13 cents per share in 2010 down to a current level of .006 cents per share.
DYOR my thoughts and and ramblings only.
I believe it has been longer as per the following in 2013 Annual...
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