CTO 0.00% 0.4¢ citigold corporation limited

I'm happy.* We have some firm predictions ... if they meet those...

  1. 614 Posts.
    I'm happy.

    * We have some firm predictions ... if they meet those targets, then we are back on track and self funding (I believe).

    * As mentioned before on this Forum, I was highly skeptical about the Dubai Line of Credit ... something just didn't smell right. A placement is a better option in the long run as we don't have encumberances to be concerned about (despite the dilution).

    * Kudos to Lynch for finding someone/s to stump up the cash quickly ... and Skaterboy is right, SPP's take a while to put in place and I get the feeling that "time may have been of the essence".

    If they can keep the cash coming in AND they meet targets, then all looks good.
 
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