CYL catalyst metals limited

@rbj67 sorry for the late reply: At Plutonic CYL have two gold...

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    @rbj67 sorry for the late reply:

    At Plutonic CYL have two gold processing plants:

    · A 8Mtpa processing plant (jaw crusher, SAG mill and ball mills) being a 3 Stage hard rock crushing circuit, tailings facility, camp and an unsealed airstrip (being rectified by the Sandfire deal)

    · A second 1.2Mtpa processing plant is currently on care and maintenance Firstly all gold processing plants typically involve technologies (equipment) that perform the following: crushing, grinding, gravity separation, flotation, and cyanide leaching.

    · To the best of my knowledge (and memory) this 2nd plant will require a new floatation plant and maintenance/repair to the crushing and grinding mechanisms. 6 years ago this was estimated to be around AUD$25m and as PB mentioned 6 months in time as the crow flies.

    All IMO DYOR



 
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Last
$6.35
Change
-0.290(4.37%)
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