CTO should be judged from July to December.
There's every chance of the September quarter (reporting end of October) showing the first big jump in production.
- we have the resource and we should soon have the production to go along with it.
2011/2012 ... 3 short years or so from now .. we should be at 250,000 oz/annum. .. and with at least a 15Moz resource , possibly more.
even if the price of gold falls back slightly, we have ramp up and resource upgrade potential that should keep the share price moving north.
bullish quarterly , page-4
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $15M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $6.828K | 1.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 18776936 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 360149 | 1 |
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| Last trade - 12.36pm 01/10/2024 (20 minute delay) ? |
| CTO (ASX) Chart |