Quarterly will be out tomorrow. CTO has posted all quarterlies on the very last day that they are due in recent times.
Earlier this year I invested in CTO as my choice for a holding in junior gold play. I chose CTO on the back of how it reads - and it's huge potential upside. (10mill oz/JORC, high grade, low cash costs, Dubai funding in place, long mine life etc etc. (See post my titled Mark Lynch on SkyBusiness)
Not long after, I got out of the stock at 27.5c and moved into SLR as I felt they were moving forward at a rate much quicker than CTO were. Turned out to be a very good decision in hindsight.
I'll be waiting for CTO's Q tomorrow with great interest to see progress moving forward and what it's cash burn is.
I may look to re-invest in CTO if some of the promises are actually delivered, but for now I am most definately out.
Maybe there will be reward for the longer and more patient holders.
Good luck to all.
Peggs
As always, DYOR.
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $12M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $7.254K | 1.813M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 838810 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 5370352 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 713810 | 0.004 |
17 | 13737354 | 0.003 |
7 | 9895025 | 0.002 |
10 | 14202988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 5370352 | 10 |
0.006 | 1946758 | 4 |
0.007 | 1263000 | 3 |
0.008 | 3843671 | 7 |
0.009 | 1370800 | 3 |
Last trade - 15.11pm 16/08/2024 (20 minute delay) ? |
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CTO (ASX) Chart |