CYL 0.36% $2.78 catalyst metals limited

Where are my CYL shares?, page-145

  1. 413 Posts.
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    kori I agree with junior in cutting all the marketing. Only marketing, narrative shaping, CYL need to be successful is to produce gold profitably while not diluting current share register with secondaries...do this, market will notice, marketing unnecessary. Even with the reduction of grade and tonnage of underground ore at plutonic by cutting out high grade pillars that can't be mined anyhow, at this time plutonic underground still has over 17 years of muck to run through mills at current production levels of about 1mmt yearly. If cyl can get mill head grade and reserve grade at plutonic to match at 2.9 gpt gold, just the underground at plutonic will contribute about 90k oz yearly gold production. Plutonic = beta hunt in grade. The mills at plutonic need open pit ore to cut the underground ore to get strong gold recoveries so as to achieve 150k oz yearly gold production. Which pits in marymia or bryah basin are on deck? Quickest to ramp would be hermes/hermes south where there is 18 months feed grading about 1.8gpt gold already to go. Have cyl leased a fleet of new dumps for plutonic so we don't have to go to court with wolff contracting again over hauling contract?
 
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