CYL 5.00% $1.05 catalyst metals limited

Ann: Completion of Plan of Arrangement with Superior Gold, page-10

  1. 1,440 Posts.
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    I don't think anything will happen until their is some sort of announcement on how CYL will tackle their new mine, their is obviously lots of work to be done to get the right ore as well as the right people on the ground at plutonic for a new mine plan to make it profitable.

    I really don't expect much to happen for at least 3-6 months before we see some improvements and a big re rate if all goes to plan after that. I expect to see 150k ozpa pumping out of that mill by mid next year if the grades marry up.

    A very big future coming, pity this didn't happen last year as we would be looking at doing our own M&A on other ground around us about now and picking up some bargains.

    GLTAH
    DYOR


 
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