CYL 3.40% $2.13 catalyst metals limited

Ann: Quarterly activities report, page-16

  1. 548 Posts.
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    You gotta hand it to the team at "white noise communications" that help put out the quarterly; at least they;re living up to their name!

    One other tidbit re: Henty. Silbayne Stillwater has ok'd the option on Mount Lyell in Queenstown. It needs a tonne of work to get it going but I know a lot of the old hands at Henty once worked there and would probably go back should they start recruiting in the next 12-18 months. I suspect Henty will trudge along until that time (would cover the current tails dam lift) at which point it will go into C&M as the cost to recruit another mining team and do more tails lifts will be too great to absorb. Given they haven't put it into C&M yet, I don't see why they would change plans and just keep it operating like it has been the last 12 months.
 
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