Yep, I agree @87Crash.... CYL have a clear path to 200koz and thats their focus now.
Have 500MT spare capacity at the mill and working on 3 low cost prospects (Trident potentially self funding) which will start coming online in the next 6 months to use this spare capacity. That will add another 50-70koz of production, so I'd expect by Q1 2025 they will be producing 130-150koz/annum.
No significant change to their operating cost as just using idle capacity, so AISC will be between AUD 1500 - 1650
Plenty of cash then to fund further expansion to 200koz.
Yep, I agree @87Crash.... CYL have a clear path to 200koz and...
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Last
$2.67 |
Change
-0.140(4.98%) |
Mkt cap ! $602.8M | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.85 | $2.51 | $2.465M | 922.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.69 | 16000 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| CYL (ASX) Chart |