-cto now has funding, up to $35m (albeit $10m gone but most went...

-cto now has funding, up to $35m (albeit $10m gone but most went to one-off machinery upgrades)
WAHT ABOUT THE $15m LOAN - IS THAT "DRAWABLE" IF NEEDED - CAN'T FIND OUT THE ANSWER FROM ANYONE (I understand that they may NOT want to draw it down, but I want to know that they can, if needed).

-cto got funding in October 2008
AND?

-electricity upgrade was also completed around then
TRUE

-it takes at least 6 months to tunnel too & develop each face (repeat 6 months)
WHY DOESN'T THE COY RELEASE THEIR PLANS/FORECASTS TO THE ASX ... ARE THEY UNREALISTIC?

-therefore basic maths says production won't ramp up until at least 6 months after October. We are barely there now, so nothing will be reported until 31 July.
EVER THE OPTIMIST ... YOUR OPINION IS INTERESTING, BUT THAT'S ALL .. I AGREE WITH THE PARROT ... LET's WORK ON PUBLISHED FACTS.

-we are in the here and now, not the past.
WITH CTO IT WILL ALWAYS BR THE PAST UNTIL FOLEY (AS A MINIMUM) IS OFF THE BOARD OR IT IS EXPANDED TO A 5 MAN BOARD

-the company has plenty of cash available and is producing gold at a profit (if it were at a loss, they'd stop producing until tunnelling finished - again basic maths)
HOW SO SID, PUBLISHED INFORMATION DOES NOT SUPPORT THIS

-also Mark Lynch salary is $378k, not $500k... and that included a one-off long service payment.
DISGRACEFUL ... OVERPAID/UNDERPERFORMER. I ALSO UNDERSTAND THAT IT IS TAX FREE BECAUSE OF THE DUBAI BASE (ALTHOUGH I CAN'T CONFIRM THIS). CHECK OUT THE PM's SALARY OF YOOU WANT A COMPARISON. THIS GUY DOES VERY LITTLE FOR HIS MONEY.

NB: Do not expect any increase in gold production in the upcoming quarterly, due out 30 April (but that doesn't mean they are not on target since receiving funding).
AGAIN, WHO SAYS ... CTO WON'T