CYL 7.62% $1.63 catalyst metals limited

Ann: Improved operating results at Plutonic mine, page-12

  1. 11,785 Posts.
    lightbulb Created with Sketch. 6313
    Grade looks to be perhaps 1.8-1.9g/t (we don't know what the recovery rates are). Will be very interesting to see how much cash CYL have burned through, as you say, they are being honest about more $$ needing to be spent to ensure production rises, but... not providing details like the grade seems.... a backward step.
    Good luck to all holders though, it's damn tough to successfully T/O an operating asset and make it hum from the get go.

    https://hotcopper.com.au/data/attachments/5624/5624243-7a7a40201dd9ffcccf608ae4a3ef95d9.jpg


 
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