CTO 20.0% 0.4¢ citigold corporation limited

quarterly cash flow update, page-6

  1. 120 Posts.
    Spoke to management last week. They promised the royalty portion (about 35% of the cheque) in two weeks (about one week from now) and the remainder in another two weeks. The cash-flow issue doesn't look great, but the honesty is very nice to hear.
    Hope the Chinese cash helps with short-term cash-flow issues (even if it hasn't helped share price).
 
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