CTO 11.1% 0.4¢ citigold corporation limited

cto - no bank debt? but there is debt? , page-2

  1. 190 Posts.
    Hi Nomoregfc,

    I think it has something to do with the dodgy deal made with "The Dabai Group"...I guess the Arabs wanted a little more than the Lynch Family were prepared to give away. So it would seem that they were given the GF treatment & handed their money back. Lucky the SPP was successful or someone may have lost their left hand, aye!

    Yes, I agree, when it comes to sizable "loans", there should be more transparency & better disclosure from management.
 
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