CYL catalyst metals limited

Ann: Catalyst to self-fund Plutonic East restart, page-7

  1. 246 Posts.
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    I am pretty sure that Trident is being developed concurrently, no doubt there will be an update on this as and when appropriate.

    This was merely a Plutonic East update, which is part of the low-hanging fruit targets. Of course it makes sense to pursue this target due to the existing infrastructure and confirmed deposits. 30KT annual gold is a significant amount especially when it will use existing sunk cost infrastructure.

    To actually see the pit entrance and the decline (don't forget this was a lake a few months ago), is a visceral reminder of the progress that CYL are making.

    It is a positive announcement, shows real progress and actual communication about Gold production is much more enjoyable than financial restructuring in my eyes.
 
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