CYL catalyst metals limited

Ann: Quarterly activities report, page-9

  1. 1,238 Posts.
    lightbulb Created with Sketch. 348
    They'll have their hands full getting Plutonic to be profitable, but their MoM production figures aren't too bad. But to really make Plutonic work you'd need to be mining 10Koz per month minimum, and that's hard with remnant mining.

    Ask anyone who's worked there in Tech Services (as I have) and they'll tell you Plutonic has always required high Tech Services staffing and very intensive Engineering planning. That's why I'm a bit surprised that they highlighted this like it was a surprise to them. Might suggest they didn't fully understand what they were getting into.

    There's a reason Northern Star sold this mine ten years ago, and before buying any mine that Northern Star have tried and failed in you really need to make sure you're not going in with saviour complex.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$4.88
Change
-0.020(0.41%)
Mkt cap ! $1.221B
Open High Low Value Volume
$4.85 $4.95 $4.80 $2.572M 527.2K

Buyers (Bids)

No. Vol. Price($)
33 8022 $4.86
 

Sellers (Offers)

Price($) Vol. No.
$4.88 6518 21
View Market Depth
Last trade - 13.18pm 21/07/2025 (20 minute delay) ?
CYL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.