Alex
You were spot on with the capital raising details- well done.
Used to own this pre GFC. Have traded some small parcels since- have been out since February.
The numbers- 50k oz at cash cost under $800 looks fantastic- at gold price of $1600, that is $40 mil cash- that is 7.5c per share on the expanded capitail.
I have followed Bendigo and Ballarat Gold in the past- the numbers always looked sensational BUT they never worked out. Am continuing to watch CGT.
- Forums
- ASX - By Stock
- CGT
- proposed $16.5m capital raise
proposed $16.5m capital raise, page-53
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)