Great to know your taste in music Pulp! Kind of a cool song which I've never hear... and a fascinating story about the singer....
CYL arent dreaming anymore though...I know as an SGI holder that you didnt want this takeover to happen, but it did, and now the economics of the turnaround are becoming more and more apparent... $30m/quarter FCF... these are real numbers they are producing, not dreams... they have paid off their debt, increasing cash and investing in new projects to increase throughput.
And yes, Victoria was a long shot when they first started there 14 years ago, but it became more and more real as they uncovered whats below the Murray River Basin Sands.... Fosterville was literally the most profitable gold mine in the world and CYL, located 50kms away, are in control of one of the most lucrative regions of gold in the world. They have demonstrated that the gold is there as are the geological formations similar to Bendigo and Fosterville. It just requires time and money for it unfold...... and now CYL have both.
But again, I'd rather them focus on Plutonic, make a heap of money, and then see them develop Victoria...
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