I am pretty sure that Trident is being developed concurrently, no doubt there will be an update on this as and when appropriate.
This was merely a Plutonic East update, which is part of the low-hanging fruit targets. Of course it makes sense to pursue this target due to the existing infrastructure and confirmed deposits. 30KT annual gold is a significant amount especially when it will use existing sunk cost infrastructure.
To actually see the pit entrance and the decline (don't forget this was a lake a few months ago), is a visceral reminder of the progress that CYL are making.
It is a positive announcement, shows real progress and actual communication about Gold production is much more enjoyable than financial restructuring in my eyes.
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CYL
catalyst metals limited
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$5.03

Ann: Catalyst to self-fund Plutonic East restart, page-7
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Last
$5.03 |
Change
0.150(3.07%) |
Mkt cap ! $1.266B |
Open | High | Low | Value | Volume |
$4.98 | $5.10 | $4.96 | $3.814M | 755.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 71 | $5.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.04 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 71 | 5.030 |
2 | 1397 | 5.010 |
2 | 2000 | 5.000 |
1 | 1000 | 4.960 |
2 | 3350 | 4.950 |
Price($) | Vol. | No. |
---|---|---|
5.150 | 10000 | 1 |
5.170 | 5000 | 1 |
5.190 | 2600 | 2 |
5.250 | 500 | 1 |
5.300 | 2495 | 1 |
Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
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CYL (ASX) Chart |