CYL 4.31% $2.00 catalyst metals limited

Ann: Catalyst to self-fund Plutonic East restart, page-12

  1. 8 Posts.
    lightbulb Created with Sketch. 27
    Here's an interesting rough comparison:
    SPR:
    953k oz @ 5.7g, targeting 1.6-1.9m oz at the same high grade
    A 2.5mtpa mill on care and maintenance
    They just raised $110m to get things going, no production for quite a while.
    Market cap $900m.
    The institutions love it, so did I, I bought at 12c and sadly sold at 37c!

    CYL
    3.3m oz resource, 600k reserves
    P. East and Trident alone giving us around 1m oz @ 4g, (not that far behind SPR's grade) and a whole gold belt to explore
    In production @ 110k oz with loads of spare capacity in the 3mtpa mill, so expansion is a no brainer
    All forward costs now self funded, no dilution
    In the 2024-5 financial year they will spit out over $100m in free cashflow, give or take.
    But the market cap is under $250m!
    The institutions are nowhere to be seen, but they will, just like they turned up at SPR
    That's why I bought @ 85c and wont sell till they turn up bigtime.

 
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Last
$2.00
Change
-0.090(4.31%)
Mkt cap ! $451.5M
Open High Low Value Volume
$2.09 $2.09 $1.97 $1.493M 736.6K

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No. Vol. Price($)
1 2907 $2.00
 

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$2.01 5000 1
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