CYL 2.05% 95.5¢ catalyst metals limited

Ann: Quarterly activities report, page-14

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    Agree unfortunately it is part of the terms and conditions of the Auramet Gold loan. Which begs the question why use this expensive facility (which is known as a lender of last resort for miners) to pay off the con note surely having turned around the operations into a positive cash flow position they could have sought out a normal loan and/or use organic cash or have the note converted into shares!
 
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