CYL 3.00% $3.09 catalyst metals limited

WASC award Superior the Dampier Plutonic stock., page-27

  1. 1,266 Posts.
    lightbulb Created with Sketch. 366
    Check your facts. Where did you get the idea SGI has no capital?

    Further, SGI paid down debt over six quarters, and built a treasury of $US 18million, before the Covid/Jordaan clusterfk. Read the quarterlies. Do some due diligence. You're welcome to your opinion that SGI cannot run at a profit, but it's not borne out by the facts.

    Lastly, worst-case, in pieces (receivership), the pieces of the business are worth substantially more, net, than the market cap. I shown the figures repeatedly in previous posts.

    Keep dreaming, but it's very hard to see a possible downside to a 'no' vote. You guys got sold a song & dance that DeCrispy Jr failed to plan well. Sorry, he's not his old man. Now you've given up 44% of the 50% you held of the Whitelaw claims, in exchange for 60% of Marymia.
    Last edited by PulpCutter: 22/04/23
 
watchlist Created with Sketch. Add CYL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.