CYL 8.01% $2.64 catalyst metals limited

Ann: Catalyst reduces debt and strengthens balance sheet, page-11

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  1. 2,674 Posts.
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    Firstly, I think most anns get regarded as market sensitive unless it's something like an address change.

    As someone who's relatively new to the stock- I came in after the merger in November or so- I'm intrigued as to why the focus so many have on Victoria. I mean, I get that the resource is good, but for me management's focus on dealing with the problems before jumping on new opportunities makes sense.

    When I first jumped on board, one of the main downsides/ risks for me was the debt, so clearing this is a real positive. For simple souls like me it also makes the balance sheet easier to understand.

    I've said this before, but I don't think marketing is the problem, I just think the company needs to build up trust that its operational parameters are sustainable. At the end of the day, profit and cash in the bank are the best marketing tools.
 
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