Dewatering k2 need to be on front burner for cyl. Fully permitted plan to dewater k2 has 3 drill holes drilled down to lowest level of k2 underground and the water in k2 get pumped out of these holes and down pipeline to be discharged in k1 open pit. Can cyl send zag a bill for 4.1% of dewatering Cost, payable in 30days with zag unpaid balance accruing interest at 3% per month? Cost in past to dewater k2 was about $3mm and took about 3 months to complete. To my knowledge k2 has not been explored using modern methods and with investment potentially K2/PHB/k1 could be a plutonic#2 for cyl.
Ann: Quarterly Activities Report, page-22
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Last
$2.92 |
Change
0.080(2.82%) |
Mkt cap ! $659.2M | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.94 | $2.83 | $3.187M | 1.105M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 2764 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| CYL (ASX) Chart |