CTO citigold corporation limited
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cash flow negative, page-8

  1. lockitt
    8,520 Posts.
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    15/02/10
    15:51
    Post #: 6332439
    G'day Robertkna.

    You posted:

    "my sentiment is still "hold" because they could get up to about 7,500 ounces per quarter in about two years time - that's their stated aim of 300,000 ounces divided by ten"

    Have I missed something here?
    Could you please explain this paragraph for me please.

    7,500 Ozs per quarter is 30,000 ozs per year, not 300,000 per year, and why divided by 10??

    Like I say I may well have missed something but I would love to know what.

    Regards

    Lockitt
    CTO Price at posting: 9.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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