CTO 0.00% 0.4¢ citigold corporation limited

The area that is earmarked for the December 09 quarter...

  1. 2,739 Posts.
    lightbulb Created with Sketch. 2
    The area that is earmarked for the December 09 quarter production is being developed right now.

    it's a high grade area and the ore body there is apparently larger than usual.

    It will take about 16 weeks(4 months)to develop - I think there will be 5 stopes operating from there, once it's opened... around October (if it all goes to plan).

    So all going to plan 5 high grade stopes should contribute over October - December.

    .. some serious development is happening right now.

    December quarter is looking really promising - fingers crossed and should finally shift CTO into profit.

    Hopefully the SPP will provide enough cash until then.








 
watchlist Created with Sketch. Add CTO (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $12M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
15 11082893 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 5538656 10
View Market Depth
Last trade - 16.12pm 11/07/2024 (20 minute delay) ?
CTO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.