out of date, page-7

willhemakit,

I think the article is from this 2003 CTO presentation where 280 jobs were mentioned. I am sure you will graciously accept my sneering mocking sarcasm. (Year 5 -2008/9 came, went, and shareholders LOST $72m, and we still DREAM about year 3 surplus $1.3M).

Company Goals
? Sustained, repeatable gold production ?
Warrior, Sunburst, Brilliant, Goldtec
? Sustained cash flow ? surplus of A$1.4m in
Year 3, $31m in Year 4, $72m in Year 5
? Returns to shareholders ? capital gain,
dividends, company growth by exploration
and acquisition
? Spin-offs ? 40 jobs with Warrior, 280 jobs
over 5 years, additional 400 jobs in region,
boost to Charters Towers local economy,
training, new businesses and contractors.