find8, I think thats exactly where CTO are headed - mid tier miners. Once they start producing over 10,000 ounces per quarter that should equate to a cash flow of ~$5M per quarter reinvested in development ($1200 per ounce sold = $700 per ounce production and admin + $500 spare for development). In total this is significantly more than they are currently spending on development and so developemnt, hence production should grow at an ever increasing rate.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $20.71K | 5.177M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 14414790 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 2859251 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 14414790 | 0.004 |
12 | 6292353 | 0.003 |
5 | 5395025 | 0.002 |
9 | 13202988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 2406790 | 7 |
0.006 | 4680000 | 4 |
0.007 | 305857 | 2 |
0.008 | 3222992 | 4 |
0.009 | 1537558 | 4 |
Last trade - 13.09pm 28/06/2024 (20 minute delay) ? |
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