CYL 5.34% $2.17 catalyst metals limited

Ann: Improved operating results at Plutonic mine, page-38

  1. 403 Posts.
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    I stick to facts rjb67 which is why you don't want to read what I write. In the case of the plutonic mine 'merger' or stealdeal as coined by singlemalt, the issue is not the end result of junior actions, the issue rjb67 it the means to that end and do the end justify the means? If revenue from high grade stopes from plutonic underground pull cyl bacon from fire, then the $5mm paid to previous plutonic mgmt, was in effect a bribe for those c suite folk to tank Superior gold equity by dragging their feet and not bringing on new high grade stopes on line timely. Imagine the offer, develop high grade stopes but don't muck them and get $5mm now or be an honest fiduciary, muck high grade stopes now and make $400k? Imagine if plutonic had the July to Sept production just one quarter earlier? No merger and superior own 60% of marymia but cyl got 100% of vango debt?
 
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