CYM

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3.3¢ cyprium metals limited

Ann: Nifty Copper Project Restart Study, page-20

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Frangipani8

361 Posts.

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16/03/22

15:29

Post #: 60228902
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Originally posted by DDBB: ↑

Hey @Bison8, absolutely correct. Our product sold directly to the Asian market where these guys already have lots of contacts from the Finders days. That is their strategy which is why they went heap leach. Brilliant play. They know how to plate, they know who to sell to - why do anything different? It's a winning strategy. Finders worked beautifully and got take over a bit early for the super profits to kick in. Hopefully not here.

As to your posts on finance, yep spot on. I've been banging on about finance being the key risk/reward for a while and we are so close you can taste it. Don't really care if there is a CR, they won't dilute too much I'd hope but let's see. Maybe the bankers take a stake in the company ? That would be nice.

Once the market sees the bankers lending money it will conclude, rightly, that the project is a go and will be profitable. That's all that is needed to set the rocket off. Wait for the analysts to note finance is secure and they will want to play as well.

And great work @Da12kl0rd, lots of copper hopefuls in that list. I looked at them all. Set sight on CYM as it was the best project then and still is. That's the advantage of buying a brownfields mine - all the big capital costs have already been sunk. And we still get to amortise them against future profit. Nice play.

These guys will steal a march on these hopefuls and be doing maybe 80-100,000 tons by the time some of these are online. I'd note that some of the estimates are going to be much higher as well given inflation and increased mining costs generally. So take the capital costs and payback periods with a large dose of salt.

All looking great for this year and the SP. Still on track.

Cheers

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I think this time round when the banks lend $ for this project.
The bank will asked for no early repayments.
thro' past records in Flinders, Baz had paid back finance very early.
So the banks did not make much money.
This time round,the banks will be wiser.

CYM Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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Ann: Nifty Copper Project Restart Study, page-20

BCI reaches close of funding facility for salt-first part of Mardie project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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Buyers (Bids)

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Ann: Nifty Copper Project Restart Study, page-20

Top Stories

BCI reaches close of funding facility for salt-first part of Mardie project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Featured News

Buyers (Bids)

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