CYL 2.97% $1.15 catalyst metals limited

Here's an interesting rough comparison:SPR: 953k oz @ 5.7g,...

  1. 8 Posts.
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    Here's an interesting rough comparison:
    SPR:
    953k oz @ 5.7g, targeting 1.6-1.9m oz at the same high grade
    A 2.5mtpa mill on care and maintenance
    They just raised $110m to get things going, no production for quite a while.
    Market cap $900m.
    The institutions love it, so did I, I bought at 12c and sadly sold at 37c!

    CYL
    3.3m oz resource, 600k reserves
    P. East and Trident alone giving us around 1m oz @ 4g, (not that far behind SPR's grade) and a whole gold belt to explore
    In production @ 110k oz with loads of spare capacity in the 3mtpa mill, so expansion is a no brainer
    All forward costs now self funded, no dilution
    In the 2024-5 financial year they will spit out over $100m in free cashflow, give or take.
    But the market cap is under $250m!
    The institutions are nowhere to be seen, but they will, just like they turned up at SPR
    That's why I bought @ 85c and wont sell till they turn up bigtime.

 
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Last
$1.15
Change
-0.035(2.97%)
Mkt cap ! $257.1M
Open High Low Value Volume
$1.17 $1.17 $1.14 $137.8K 119.9K

Buyers (Bids)

No. Vol. Price($)
1 4999 $1.15
 

Sellers (Offers)

Price($) Vol. No.
$1.18 32550 2
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
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