CTO 11.1% 0.5¢ citigold corporation limited

Hi RB,Good discussion & valid points all round IMO.Hill End is...

  1. 1,300 Posts.
    Hi RB,

    Good discussion & valid points all round IMO.

    Hill End is an interesting animal - very prospective ground & I thought a savvy move by them to issue the 25c options at a cost of 3c to existing holders (holders & company both happy!).... raised them $3M to get round the next couple of corners. I like options as an alternative - especially ones that are in the money. ....... now half a cent out of the money but another 14 months to go on those. Think it would not be a bad move by a number of companies to follow HEG's move at this time - not such a slaughtering move as has been the case with SBM.
 
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