Highlights for the period include:
• Half yearly gold production increased over 100% compared to the full year ended 30 June 2007 when production first commenced.
• Half yearly underground mine development metres increased by over 10%.
• The average cost of sales per ounce of gold was $448 for the period.
• Half year revenue was up over 130% compared to full year revenue to 30 June 2007.
• Net assets increased by 4%.
• Company remains loan debt free and unhedged.
• 10 million ounce gold resource remains constant, with potential to increase.
• Over 10,000 metres of diamond core drilling completed during the half year.
• High grade intersections with the maximum grade being 0.2m @ 641g/t gold.
With the current spot price of gold being above A$1,000 per ounce, production increasing from the Charters Tower South operation, a significant diamond core drilling program underway and significant geophysical targets, the Company is well positioned to see gains in revenue and assets in future periods.
------------------------------------
Bg
- Forums
- ASX - By Stock
- CTO
- half year accounts
half year accounts
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTO (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 13445566 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7582633 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 13445566 | 0.004 |
15 | 10347355 | 0.003 |
7 | 6015025 | 0.002 |
8 | 10802988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7582633 | 7 |
0.006 | 2260000 | 4 |
0.007 | 1229758 | 3 |
0.008 | 3393671 | 5 |
0.009 | 1846323 | 4 |
Last trade - 16.12pm 29/07/2024 (20 minute delay) ? |
Featured News
CTO (ASX) Chart |
Day chart unavailable