CYL 5.33% $3.36 catalyst metals limited

Ann: Catalyst increases exposure to gold price, page-15

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  1. 223 Posts.
    lightbulb Created with Sketch. 52
    8500 Oz of forward contracts at 3300 an Oz

    current spot is only north like $200 or $300 so an ounce

    and last quarters production was 28,000 Oz

    looking at it, they are digging up good, simplified fleet, managing debt well and pretty close to the record high spot price

    long story short, cash flow positive and cleared out the worst of the hedging exposures - recipe for success in my books
 
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