Slide 27 is more interesting IMO. The ore depth through Tomorrow is much less and some of the results quite spec. CYL are openly talking about potential for open cut with very large high grade ore extensions. Looks like drill results are still a few weeks off but with the program being so extensive, the project could very well jump from prospective to proven reserves for a very substantial resource. Both CYL and their JV partner NML are very undervalued although I wouldn't be surprised to see a script t/o by CYL for NML. Once the leases are back to 100% equity, this will become a very lucrative proposition IMO.
Ann: Corporate presentation-CYL.AX, page-4
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Last
$1.63 |
Change
0.115(7.62%) |
Mkt cap ! $364.9M | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.65 | $1.53 | $2.058M | 1.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3899 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 2700 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CYL (ASX) Chart |