In a way they are linked.
I wouldn't have invested based on the financials of the study itself...given the margin is slim. Any cost blow out (which is fairly common) means that they will lose money for every pound of copper produce.
Based on that investors would have thought it will be difficult to access financing.
However, Bazza suggestion that it is a done deal means that the biggest hurdle is solved. We all now know that this is far from the truth.
Whether it is via official asx announcement or third party interview...I don't think it really matter. Effectively in the eyes of an investors those are still official news from the company.
Ann: Cyprium Metals Corporate Update, page-59
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Last
4.4¢ |
Change
0.003(7.32%) |
Mkt cap ! $67.08M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.5¢ | 4.1¢ | $206.4K | 4.880M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1634191 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 347655 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
4.4¢ |
Change
0.003 ( 7.32 %) |
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| Open | High | Low | Volume | ||
| 4.1¢ | 4.4¢ | 4.1¢ | 1937403 | ||
| Last updated 15.17pm 14/06/2024 ? | |||||
| CYM (ASX) Chart |