CTO 0.00% 0.4¢ citigold corporation limited

If the quarterly targets aren't met from now on(to a reasonable...

  1. 2,739 Posts.
    lightbulb Created with Sketch. 2
    If the quarterly targets aren't met from now on(to a reasonable degree), I feel some heads are going to roll.

    Starting the September quarter.

    i sense we are now at that stage.

    I think the middle management may be safe but either end is not - i.e. some of the top management/ decision makers and at the other end ,some of the miners/underground development team themselves may be shown the door.

    Re: the miners/underground development crew - it could be the small town ethos, they are all getting good wages and have nothing much to spend it on in a small town,typically their houses are probably paid off and feel secure and unmotivated and hence their productivity is low.
    -they too probably lack a good result driven leader.

    We need good leaders and motivated people throughout and I sense the penny is dropping - don't quote me on this, but that's the impression I'm getting.

    The good thing is the gold isn't going away.

    I'm keeping a couple of toes in as even if targets are missed I reckon a change/shake up might be just what the doctor has long ordered.
 
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
0.4¢ 0.4¢ 0.4¢ $20.71K 5.177M

Buyers (Bids)

No. Vol. Price($)
24 14414790 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 2496790 8
View Market Depth
Last trade - 13.09pm 28/06/2024 (20 minute delay) ?
CTO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.