CYL 0.75% $2.69 catalyst metals limited

Ann: Trading Halt, page-71

  1. 9,665 Posts.
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    To be fair Pongo, after the puffing and sales of the offer
    with the money in the bank, not a surprise the price shrinks.

    It will take six months to get new ore recovery strategies happening.
    Pybar has to train people and working in "the narrow" isn't the same as jumbo drills.

    The change to a new upper level with opening up new drives
    is not going to be without mistakes or days running out
    of feed for the mill and circuit.

    We have to give the miners a go, there is no choice now.

    I would have preferred the effort went into a decline somewhere on Whitelaw.

    Few cheap minors have the potential of CYL with the drills on the board.

    If someone had suggested they abandon the Bendigo area focus
    to go to a failed mine, with no local modern facilities,
    remote from ports, airports, hospitals, major medical
    would not have believed them.
 
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