CTO 11.1% 0.4¢ citigold corporation limited

dubai loan

  1. 614 Posts.
    Did anyone ask at the AGM about the $15m Dubai loan ... specifically:

    1. When will it be taken up

    2. Whether the loan was "subject to" any conditions (eg: 10,000 oz production in Dec qtr)

    An article in the Australian suggests that CTO is still close to the bone cash wise ... the $15m may change this position radically.

    http://www.theaustralian.news.com.au/business/story/0,28124,24735840-5005200,00.html

 
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