CTO citigold corporation limited

About 1mill already gone given 1 month since end of quarter,...

  1. gmt
    8,256 Posts.
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    About 1mill already gone given 1 month since end of quarter, they should have enough to decorate the corporate christmas tree and an xmas party at the local establishment.
    Surprising that the shut down of plant for what seems to be unscheduled maintenance did not warrant a ASX notice given it was material to production. In addition they sacrificed their gold ore processing to do Toll treating for a contractor!! I suspect they did not have enough ore of their own to process. Cannot even call this subsistence mining as without the $10mill placement they would be in administration IMHO. The convenient location of the AGM certainly lends itself to a huge attendance of retail holders.... NOT!

    DYOR My thouyghts and ramblings only
 
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Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
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