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14.3%

0.6¢ citigold corporation limited

There is no doubt other majors have looked at this mine /...

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gmt

7,923 Posts.

132

07/07/23

10:30

Post #: 68668867
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Originally posted by Cunnington1 ↑

With the mining technology available today I am sure there is an Australian or Chinese Company with the knowledge, capital and expertise that could turn OUR asset into another Fosterville !
Do what OZ Minerals/BHP have done with HAVILAH ( Buy subject to resource & scoping definition ).
It’s not rocket science and is something the CTO board ( or replacement) could accomplish ?

Praise Be

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There is no doubt other majors have looked at this mine / business and decided that even at todays gold prices it wasn't economical and on a large enough scale for them to make money. IMHO there will be interest in the leases if it goes into administration / receivership.

DYOR My thoughts and ramblings only

CTO Price at posting: 0.5¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last 0.6¢		Change -0.001(14.3%)		Mkt cap ! $21M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.6¢	$1.657K	268.2K

Buyers (Bids)

No.	Vol.	Price($)
6	8918204	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	2469172	7

View Market Depth

No.	Vol.	Price($)
5	8833204	0.006
6	3040000	0.005
23	18385882	0.004
10	3670437	0.003
4	2995024	0.002

Price($)	Vol.	No.
0.007	2469172	7
0.008	5785288	6
0.009	525558	2
0.010	7530160	5
0.012	1250000	4

Last trade - 11.12am 14/05/2024 (20 minute delay)

CTO (ASX) Chart

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