CTO 0.00% 0.5¢ citigold corporation limited

questions from the floor, page-10

  1. 2,063 Posts.
    That quote should read; 'more so far this quarter than in the whole of last quarter'. Among Towsey's comments were explaining efforts to reduce devleopment costs on Warrior. For instance they have realised that a decline measuring 3x3m requires the removal of half the material than for a decline measuring 4x4 m in cross sectional area. This is important at Warrior as the Ore body is typically only 1m wide.
    The reason given against more frequent reporting to market was that it was too easy to be misinterpreted as grades and milling vary so widely from day to day and week to week across the 3 month period.
 
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