Catalyst absolutely is self- funded from here on.
Excellent report - confirming the reporting from earlier this year for operational returns for gold production gross revenue & profit from Henty
This is a wonderful turn -around for the mine- great credit to everyone working & involved in West Tassie .
I think we have ourselves an excellent cashflow positive gold producer in CYL , now mining very high grade gold at Henty.
Extensive exploration drilling ongoing - over $20 million in this 12 month period fully funded before years earnings.
Gold sale profits imo will replace this amount in the next year, conservatively.
* But ongoing - continually reported superb drill results & gold grades with undeniably excellent prospects for the years to come from exploration.
Catalyst have comprehensive ownership of land along all of the Whitelaw Fault in Victoria which is highly prospective.
Why is CYL only this market cap ?
Ann: Henty gold production and Four Eagles project update, page-6
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Last
$2.07 |
Change
0.070(3.50%) |
Mkt cap ! $467.3M | |||
| Open | High | Low | Value | Volume |
| $2.06 | $2.08 | $2.02 | $27.14M | 13.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10526 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 26900 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| CYL (ASX) Chart |