Ann: Trident Maiden Reserve Underpins New Low-Cost Development, page-3

Trident comes online midway through 2025, while Plutonic East will be a few months later.
These two satellite ore bodies will provide approximately 60,000 more ounces per year through the mill, helping it reach its capacity of around 200,000 oz a year.
And it will all be funded through cashflow.
This suggests we are now out of the woods risk-wise and the company will slowly be re-rated as a low-cap, growth company with a falling AISC and prudent management and production approaching 200,00 oz a year.
Before the amalgamation with SLR, Red 5 was producing 200,000 oz a year with quite a bit of it still hedged at around $2750 and it was valued by the market at around $900-$1,000m.
CYL's share price has to rise 400% to reach a similar valuation.
Thank you to James and the team for running a prudent operation.