CGU 0.00% 2.9¢ commissioners gold limited

gold production?, page-26

  1. 1,390 Posts.
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    The big issue here is at what price CGU dispose
    of remaining shortfall and...can you
    believe it..another Rights issue.!

    The market..is rightly sceptical for fear of further decline in share price at expense of further dilution..
    In other words a market dump..at below existing share price.

    I do not know the intricate details ..but it is hard to believe that Inca One had an old dis-used processing plant up an running within 3 mths after refurb..and yet Goldsmith
    has taken over 12mths....to even be close to start up..
    with its junior partner being a signifigant financial casualty..!!!

    Cheers
 
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Currently unlisted public company.

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