Are you talking “toll treatment” of ore …. or “ore purchase agreement”
Toll treating for a 3rd party would be on $ / tonne basis, essentially transport costs would be borne by the miner and CYL would only process on a campaign basis. The grade of ore wouldn’t be of any concern to Catalyst.
Ore purchase agreement would be settled on sample grades and blended thru the mill I would imagine, the grade, ex mine gate etc would determine the purchase cost.
If I was Patto at GBR I would have open discussions with CYL, may force Westgolds hand.
The upside, CYL have surplus capacity and the haulage route would be substantially all sealed highway. I don’t see any competition from RMS as they have plenty of their own ore sources.
Are you talking “toll treatment” of ore …. or “ore purchase...
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Last
$2.78 |
Change
-0.050(1.77%) |
Mkt cap ! $627.6M | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.90 | $2.76 | $2.088M | 741.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3636 | $2.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.78 | 2998 | 1 |
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| Last trade - 16.10pm 25/09/2024 (20 minute delay) ? |
| CYL (ASX) Chart |