CYL 2.87% 84.5¢ catalyst metals limited

Can we use 218m shares on issue (after performance shares to be...

  1. 122 Posts.
    lightbulb Created with Sketch. 21
    Can we use 218m shares on issue (after performance shares to be issued for finance & production targets being met -well earned IMHO)?
    A $2 share price would be M/Cap of $436m (some debt instruments come into play, plus some contingent risks around legal fees but nothing significant in scale). With the people involved in CYL, what are the chances of anything major "sneaking up" on us?
    If we value the combined West Australian Venture assets (producing), Henty mine (may now be more profitable & settled, and Victorian "in the ground" assets, we can decide if shares are under/over valued).
    This deal looks like a win/win/win for the 3 x parties involved & their shareholders.
    There is still a bit to come together (mainly the Superior Gold deal being approved) but once consolidated and functioning from a single H/Office base in Perth, things are looking good to me.
    Not to mention the geopolitical ducks lining up for POG. It's definitely time to be a producer rather than an explorer.
    Fingers crossed.
    Last edited by Littletramp: 23/03/23
 
watchlist Created with Sketch. Add CYL (ASX) to my watchlist
(20min delay)
Last
84.5¢
Change
-0.025(2.87%)
Mkt cap ! $187.2M
Open High Low Value Volume
85.0¢ 90.0¢ 83.5¢ $551.8K 649.0K

Buyers (Bids)

No. Vol. Price($)
4 67158 81.0¢
 

Sellers (Offers)

Price($) Vol. No.
85.0¢ 1500 1
View Market Depth
Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
84.5¢
  Change
-0.025 ( 1.74 %)
Open High Low Volume
85.0¢ 86.0¢ 83.5¢ 53405
Last updated 15.09pm 07/05/2024 ?
CYL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.