gmt..."it seems the PROSPECT of the $100mill being paid means nothing to the punters."
Does the market actually know how the money received is going to be used?
2 tranches already received, but what was it used for?
Coffee, Tim Tams and new suits for the directors?
What will the next tranches be used for?
The standard line, "The Company will use the net proceeds from the issue of the Bonds for working capital purposes and development of the Charters Towers gold project" does not hold for me. Need explicit details of the money is allocated for. Its called accountability.
5mil here and there and the 100M will soon dry up with nothing to show for it and CTO development will have progress no further.
lion gold, page-7
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $33.90K | 8.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 12373038 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4859251 | 9 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| CTO (ASX) Chart |