CTO citigold corporation limited
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Just a reminder from the last quarterly. Projected Spending for...

  1. gmt
    8,241 Posts.
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    12/02/16
    13:52
    Post #: 17005594
    Just a reminder from the last quarterly.

    Projected Spending for current Quarter= $500k

    Cash at end of Quarter = $19k + $252k received 4 Jan = $271k

    Already half way through current quarter so $271k probably almost spent.

    Gold Production = $0

    Time from receipt of major funding till proposed production 10months (Maybe)!!

    In addition what is the condition of the machinery and processing plant having stood idle for so long on C&M?

    Progress of major funding negotiations, ongoing unknown.

    All the very best to the new and long term holders.

    DYOR My thoughts and ramblings only
    CTO Price at posting: 1.9¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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