CYL 2.92% $2.82 catalyst metals limited

Ann: Plutonic and Trident Mineral Resource and Ore Reserve update, page-18

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  1. 211 Posts.
    lightbulb Created with Sketch. 90
    Well, like the realistic approach ....what can CYL really get out of Trident......less room for negative surprises and potential upside from higher grade.
    I'm still keen on open pit, and CYL has a choice of possibilities......a fraction of capex required, much quicker, easier and less risky to bring into production, easier to get workers for, etc. Depends on grades of course, but overall a great way to increase production quickly and cheaply.
    But, not close enough to the action to understand why Trident Trident Trident as first new production asset.......do trust deC and team and assume they'll adjust course if appropriate.....read the nr and think they're very open .....still advancing Trident, but open.....

 
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