{"id":1827,"date":"2025-06-30T10:40:15","date_gmt":"2025-06-30T14:40:15","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=1827"},"modified":"2025-06-30T10:43:28","modified_gmt":"2025-06-30T14:43:28","slug":"contango-ore-ctgo-will-early-pay-another-7-million-in-debt-this-week","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/contango-ore-ctgo-will-early-pay-another-7-million-in-debt-this-week\/","title":{"rendered":"Contango ORE (CTGO) Will Early Pay Another $7 Million in Debt This Week"},"content":{"rendered":"\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong>Contango ORE (CTGO)&#39;s trailing twelve-month <span style=\"color:#27ae60;\">free cash flow<\/span><\/strong> as of March 31st is up to a <span style=\"color:#27ae60;\"><strong>new all-time high<\/strong><\/span> of <strong>$33.68 million<\/strong>. <strong>CTGO&#39;s net debt<\/strong> was <span style=\"color:#e74c3c;\"><strong>reduced by 58.22%<\/strong><\/span> last quarter to <span style=\"color:#e74c3c;\"><strong>$20.14 million<\/strong><\/span>. <strong>CTGO<\/strong> most likely <span style=\"color:#e74c3c;\"><strong>won&#39;t<\/strong><\/span> need to <strong><span style=\"color:#27ae60;\">raise<\/span> any future funding<\/strong> at all to <strong><span style=\"color:#2980b9;\">construct<\/span> Johnson Tract<\/strong> because of how fast their <span style=\"color:#27ae60;\"><strong>free cash flow<\/strong><\/span> is <span style=\"color:#27ae60;\"><strong>rapidly ramping up<\/strong><\/span>. This week, <strong>CTGO<\/strong> will <span style=\"color:#2980b9;\"><strong>early pay<\/strong><\/span> another <strong>$7 million<\/strong> in <span style=\"color:#e74c3c;\"><strong>debt<\/strong><\/span>!\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"546\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/ctgofreecashflownetdebt-1024x546.jpg\" alt=\"\" class=\"wp-image-1828\" srcset=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/ctgofreecashflownetdebt-1024x546.jpg 1024w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/ctgofreecashflownetdebt-300x160.jpg 300w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/ctgofreecashflownetdebt-768x410.jpg 768w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/ctgofreecashflownetdebt.jpg 1290w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">Not really sure why <strong>CTGO<\/strong> is <span style=\"color:#e74c3c;\"><strong>dipping<\/strong><\/span> this morning&#8230; it owns <strong>5 million Onyx Gold (TSXV: ONYX) shares<\/strong> which <span style=\"color:#27ae60;\"><strong>gained by 122.34%<\/strong><\/span> last week and is <span style=\"color:#27ae60;\"><strong>up another 2.15%<\/strong><\/span> today!<\/span><\/span><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"492\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/onyxgoldchart-1024x492.jpg\" alt=\"\" class=\"wp-image-1830\" srcset=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/onyxgoldchart-1024x492.jpg 1024w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/onyxgoldchart-300x144.jpg 300w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/onyxgoldchart-768x369.jpg 768w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/onyxgoldchart.jpg 1367w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><em>Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from CTGO of US$30,000 cash for a three-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Contango ORE (CTGO)&#39;s trailing twelve-month free cash flow as of March 31st is up to a new all-time high of $33.68 million. CTGO&#39;s net debt was reduced by 58.22% last quarter to $20.14 million. CTGO most likely won&#39;t need to raise any future funding at all to construct Johnson Tract because of how fast their [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1829,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[47,9,80],"class_list":["post-1827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-ctgo","tag-gold","tag-onyx"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/1827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=1827"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/1827\/revisions"}],"predecessor-version":[{"id":1831,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/1827\/revisions\/1831"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/1829"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=1827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=1827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=1827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}