Yeah I do agree @malibu_tan. I also find most of their website +...

Yeah I do agree @malibu_tan. I also find most of their website + socials basically impossible to navigate, I guess that's usually the case for sub $10m listed companies.

However, I don't know how much that detracts from the fact that they will be owning 30% of Pontax with a free carry the whole way to feasibility study + cash payments worth ~80% of their current EV over that period (without discounting for time).

I reckon CY5's management is top tier and they would have only attracted some of these names if they were reasonably confident they'd hit some impressive holes. The way I look at it is CY5 is the safe bet, Stria is the 'leveraged' play of CY5 - hence why I took a piece of both. If CY5 hit big, I can't imagine management would take long to raise some cash and either buy Stria or their remaining 30%. (That's more just speculation that last bit, but I believe that's how these sort of arrangements usually end up).

Again, DYOR and GLATH