So in other words if the company is losing $1,100 - $1,200 to produce each oz of gold i.e. it's losing money at the rate of $11 - $12 million /annum to produce at 10,000 oz/year - why is it continuing to produce.
Why does it not go into a care and maintenance mode ?
I could be wrong, so please don't rely on what I'm saying and do your own calculations - but anyway the company should clarify things before the next capital raising.
- Forums
- ASX - By Stock
- no brainer
CTO
citigold corporation limited
Add to My Watchlist
0.00%
!
0.3¢

So in other words if the company is losing $1,100 - $1,200 to...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 17827747 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 3003468 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 17827747 | 0.003 |
6 | 7833668 | 0.002 |
3 | 8400999 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 3003468 | 8 |
0.005 | 11906846 | 13 |
0.006 | 2732952 | 6 |
0.007 | 1714285 | 2 |
0.008 | 2000000 | 1 |
Last trade - 16.21pm 24/06/2025 (20 minute delay) ? |
Featured News
CTO (ASX) Chart |