CYL 7.09% $1.51 catalyst metals limited

Ann: Completion of Plan of Arrangement with Superior Gold, page-32

  1. 365 Posts.
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    taytay time horizon here got to be longer than 12 month because you gotta fill both mills, 3mmt per year, every year, to get the 350,000ozs and fat dividend check in your mailbox and right now mine only mucking 1mmt of underground leftovers at 2gpt. Operationally mine hitting on all cylinders, just need to put crews and the new mining fleet on new high grade gold stopes ET discovered so new stopes gradully phase out remnant stopes and watch mill head grade go from 2gpt to 3gpt to 4gpt to 5gpt to 6 gpt depending on ratio of new vs remnant stope. Easy maths large production leverage.
 
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