CTO 0.00% 0.4¢ citigold corporation limited

Some here are worrying about the wrong things.I'm hoping to hear...

  1. 2,739 Posts.
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    Some here are worrying about the wrong things.

    I'm hoping to hear that CTO has reached the next stage Sunburst etc.. and requires a capital raising.

    That would be fantastic news.

    This means Ramp Up .. more revenue.

    This is when the value from this company will start to be realised.

    Why worry about $45 million ...I'm looking further down the line and saying so what if an extra $150 mill is eventually spent, over the next 5 years, when the production builds to the 500,000 oz per annum stage.

    Do you know what the company's market cap would be worth then ? .. look at LGL's current market as a starting figure.

    To those that are worried about capital raisings - stop sweating the small stuff .. look at the big picture.
 
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