"Just so you know who the people are who have just invested:
Dubai Holding
From Wikipedia, http://en.wikipedia.org/wiki/Dubai_Holding
Dubai Holding is a holding company that belongs to the Government of Dubai (Sheikh Mohammed bin Rashid Al Maktoum as the Ruler of Dubai holds 99.67% of the company). It manages and controls 20 companies, which operate in real estate, hospitality, finance, healthcare, energy, research, education, entertainment, media, internet, tourism and biotechnology. Dubai Holding has major investments in many international firms, such as:- • DaimlerChrysler (2%) 3rd largest shareholder • EADS (3.12%) • The Tussauds Group (100%) • Dubai Bank (70%) • Travelodge UK (100%) • Emirates Towers (75%) • Sunbelt rental apartments (21,000 apartments).
The Citigold investment is their first move into Australia, and into gold mining. They don't take such decisions lightly."
CTO Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
