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3.2¢ cyprium metals limited

Ann: Quarterly Activities Report, page-95

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Jonnyash

1,322 Posts.

118

03/02/22

21:22

Post #: 59342285
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Originally posted by Aussie1968: ↑

I think that financing this project will be seen to relatively low risk being open cut and heap leach. This is going to determine
the return the financiers will accept. If the cash level needs to be higher then a cap raise may be needed but any volatility associated with this represents a buying opportunity. That being said it’s worth preparing your finances so that you can participate in any cap raise if possible. But no need to get your knickers in a knot over this quarters cash burn. The fact that the current economic climate is not ideal leading to delays and undoubtedly increased costs does not turn this project into a distressed asset (though currently the market is pricing it as if it is).

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CYM is my largest holding, so I'm confident Baz will deliver. I was just highlighting that a CR is not out of the question. I'm assuming the SP is pricing it in also.

CYM Price at posting: 14.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 3.2¢		Change 0.000(0.00%)		Mkt cap ! $45.77M

Open	High	Low	Value	Volume
3.2¢	3.2¢	3.0¢	$30.55K	998.6K

Buyers (Bids)

No.	Vol.	Price($)
3	553308	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	205746	3

View Market Depth

No.	Vol.	Price($)
3	553308	0.030
2	290413	0.029
3	621346	0.028
6	355654	0.027
4	726305	0.026

Price($)	Vol.	No.
0.032	205746	3
0.033	193548	1
0.034	1000000	1
0.035	410525	4
0.036	81353	1

Last trade - 16.10pm 27/09/2024 (20 minute delay)

CYM (ASX) Chart