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2.82%

$2.92 catalyst metals limited

Meanwhile, CYL produces 35k oz/yr - half what SGI does - at...

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PulpCutter

1,259 Posts.

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18/01/23

11:39

Post #: 65749312
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Originally posted by Keppelman: ↑

Do you not think the management at CYL have not thought about and addressed all the issues you are raising. I am sure CYL did not go into this deal to only acquire VAN, what is the point of that. The big picture is control the whole belt, which sounds like a Bruce plan.With regards to taking over Superior, you maybe are forgetting a few wild cards up CYL sleeve. Gina would have been informed of these action beforehand and the fact they are going forward to indicates to me, she is in favour. ( 50 - 100 million, she could pull out of her change pocket) Superior maybe not be infavour of the deal, but they might not have choice. How many years have they been trying to make that mine work. So it might be case of either agree to the terms or lie over the barrel and do it the old fashion way.

PS: PC I like your new valuation of CYL 2.3B has a nice ring to it.

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Meanwhile, CYL produces 35k oz/yr - half what SGI does - at A$2658/zo AISC.

If hot air ever works in place of actually producing something, you should be fine.

Frankly, buying Vango, and Vango taking your shares as payment, smacks of desperation by both parties.

Last edited by PulpCutter: 18/01/23

CYL Price at posting: $1.40 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $2.92		Change 0.080(2.82%)		Mkt cap ! $659.2M

Open	High	Low	Value	Volume
$2.85	$2.94	$2.83	$3.187M	1.105M

Buyers (Bids)

No.	Vol.	Price($)
1	2000	$2.88

Sellers (Offers)

Price($)	Vol.	No.
$2.92	2764	1

View Market Depth

No.	Vol.	Price($)
1	348	2.870
1	4958	2.830
2	4565	2.820
1	3696	2.800
1	1798	2.780

Price($)	Vol.	No.
2.920	2764	1
2.930	13870	1
2.940	22239	3
2.950	171354	5
2.960	5465	1

Last trade - 16.10pm 03/10/2024 (20 minute delay)

CYL (ASX) Chart