CYL 4.63% $1.13 catalyst metals limited

Jo6lesMoS2 is what is in ground and gets mined.Mo is what they...

  1. 21 Posts.
    Jo6les
    MoS2 is what is in ground and gets mined.
    Mo is what they get the assay back from the lab, and is about 60% of teh MoS2 grade. So 50m at 0.07%Mo is the same as and actually a grade of 50m at 0.12MoS2. Its teh same as the Tungsten guys who publish in WO3, but base that grade on the lab assay in W. They do it 'cos WO3 is what they are trying to produce and sell. Moly guys should probably do same and come up with an industry standard way of doing. If CYL publishes in Mo they look about 40% less than the other guys just on spec. They got a lot of work to do but at least its on surface and not 300m down. KMN intercepts a lot of teh juicy ones are deep. Amazing minerals together though, hope they work out the geology.
 
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