CYM 4.55% 2.1¢ cyprium metals limited

Ann: Nifty Copper Project Update, page-10

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  1. 5,007 Posts.
    lightbulb Created with Sketch. 1159
    Agree good update. The one slight red flag I take that may impact project timeline around finance is this:

    "Cyprium is also contemplating to finance the restart through a fixed income debt instrument. This may result in Cyprium initiating a series of fixed income investor meetings to explore the viability of such an instrument."

    Maybe I'm being glass half empty here, but if they go this way a series of meetings, the negotiations etc. may take us past the end of June.

    Hopefully it's just a bluff to let the more traditional financiers know they aren't the only option.
 
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