Johnno, Johnno, Johnno....
So great to have you post. It so much reminds me of when I was so bright eyed and bushy tailed over this stock.
Oh those salad days, those glorious dreams.
These days plunging my hand into a bucket of broken glass is more fun than reliving the reality of CTO.
The fundamental problem is the viens are way too thin and pinch out unpredictable PLUS the need to create two mining tunnels - so the extent of waste is enormous. You can read all about how they didge the reporting bullet on cash costs when they say in the annual report that the raod ways go into capital expenditure for the day when massive profits accrue and the costs can be depreicated.
The way this thing is going, it will be bought for its loss/depreciation value...not the gold.
If gold gets to $3000, its worth a look, but highly highly highly....did I tell you? HIGHLY speculative! Even at $3000.
- Forums
- ASX - By Stock
- no brainer
Johnno, Johnno, Johnno....So great to have you post. It so much...
-
- There are more pages in this discussion • 2 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
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $8K | 2M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 51426 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 8517864 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 51426 | 0.004 |
19 | 15737355 | 0.003 |
7 | 9895025 | 0.002 |
11 | 14702988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 8517864 | 14 |
0.006 | 2946758 | 5 |
0.007 | 2263000 | 4 |
0.008 | 4843671 | 8 |
0.009 | 2370800 | 4 |
Last trade - 14.03pm 23/08/2024 (20 minute delay) ? |
Featured News
CTO (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online