The CTO june 06 presentation said on page 4 they expected production rate of 100K ounces per annum in 09 going up to 300k ounces by year 12.
now the latest announcemnt says 15k ounces for last quarter of 09 and 60k for 2010
Seems like they keep dropping the bar lower instead of lifting it higher.
They blmaed the lack of mains electricity for being the reason for low production (following quarter after mains poser came on stream production only went up 16% now whats their excuse?
The CTO june 06 presentation said on page 4 they expected...
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Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $8.624K | 2.156M |
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| Last trade - 14.38pm 01/08/2025 (20 minute delay) ? |
| CTO (ASX) Chart |