stratovarious
I expect CTO will need $150 mill on new plant as it expands its way to the 250,000 oz/annum rate... over the next 3 years or so.
Hopefully this will be funded largely by cashflow.
Dont underestimate the casflow once we're producing at 100,000 oz per annum .. given the low production costs here.
placement at 28cents, page-20
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