Note 32. Contingent liabilities. Bottom line CYL owe northernstar $10mm now. It is in common shareholder interest thatCYL pay northernstar now $10mm aud cash money. Because of not wanting to pay northernstar the $10mm cyl owe northernstar, cyl is understating the plutonic bryah basin gold resource which makes cyl common shares cheaper in market since market think cyl ain't got the gold muck to fill the mill for next 25 years. For example all that gold at Hermes/Hermes south. Previous operator wrote all that gold off as uneconomic... 70% share of that gold is 40,000 oz at 1.4gpt gold? Please tell me I am wrong. Thank you in advance for correcting me.
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Note 32. Contingent liabilities. Bottom line CYL owe...
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