CGT castlemaine goldfields limited

Cash burn July-end October 2011 approx.$20 million. Cash on...

  1. 911 Posts.
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    Cash burn July-end October 2011 approx.
    $20 million. Cash on hand: $10 million.
    Is that going to be enough to tunnel down
    to Lower Llanberis Mako? Even if it does,
    CGT will be undercapitalized, needing -
    as other posters have pointed out today -
    to rattle the collection tin.

    As Gene Pitney, used to sing,
    "True love never runs smooth", and seldom
    it seems does the transition to gold
    production.
 
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