CTO 11.1% 0.5¢ citigold corporation limited

Goldduck, in the last quarterly report they stated having...

  1. 1,086 Posts.
    Goldduck, in the last quarterly report they stated having grossed just over $4m from gold sales & also that the estimated cash outflows for the next quarter would be around a similar amount. I would think that is an indication that the finances should be OK, particularly allowing for some increase in production as time goes on with hopefully an even better gold price.
 
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