CYM

4.65%

4.5¢ cyprium metals limited

Ann: $16m Placement and $10m non-renounceable entitlement offer, page-114

First 114 Last

Share
Profile

Follow
Da12kl0rd

315 Posts.

521

01/07/22

12:07

Post #: 62317927
Share

Originally posted by Bunn-Wackett: ↑

Not so long ago we had cashflow of $80 to $100mil pa from Nifty and we were all excited What's happened?

Well, not finance that's for sure (yet) The US is in recession, it just hasn't been officially reported and that of course affects confidence, credit, etc, etc

The only reason CYM wouldn't get finance is if the project is a dud, a complete dud, a fraud, a nonsense and you'd have to add to that, confirmation that greening of the planet isn't going ahead. CYM have Nifty plus all the $'s of infrastructure that came with its purchase, then there's Maroochy and Nanadie exploration and a JV in Paterson, plus their IP and patent...has that been overstated?

There's middle ground between FOMO and Fear during times of uncertainty and CYM's finance which to my mind by running two to three weeks behind schedule isn't due until mid / late this month, that's not disaster is it?. Uncertainty, a perfect scenario for those with deep pockets to once again continue to push the share price down, you gotta hand it to them it's a thing of beauty (if you're them of course!).

We await finance

Assuming CYM gets finance it may be that the share price doesn't move until there's $/s in the bank like at Finders. I trust Baz and the team, nothing's perfect in this world but they didn't put their hand in my pocket to invest here.

Expand

You know, I thought about this last night...

If the project was doomed. Or if the Life of Mine was only 6.3 years...

Why bother spending so much on a camp refurbishment? Why pay the extra for the spacious showers?

Just save the money and give it a lick of paint.

Why bother training apprentices if we're not making it to production?

And finally, why would a room full of analysts working at Glencore be willing to hand over $50m upfront to a project that's destined to fail.

Ignore the short term noise.

Last edited by Da12kl0rd: 01/07/22

CYM Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
32 Upvote

11 Great analysis

Reply

Top Stories

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

There are more pages in this discussion • 17 more messages in this thread...

First 114 Last

Add CYM (ASX) to my watchlist

(20min delay)
Last 4.5¢		Change 0.002(4.65%)		Mkt cap ! $68.61M

Open	High	Low	Value	Volume
4.3¢	4.5¢	4.3¢	$93.26K	2.147M

Buyers (Bids)

No.	Vol.	Price($)
1	45813	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	523999	3

View Market Depth

No.	Vol.	Price($)
1	45813	0.043
2	950000	0.042
9	1366593	0.041
10	868076	0.040
5	150563	0.039

Price($)	Vol.	No.
0.045	523999	3
0.046	864287	5
0.047	722907	3
0.048	541111	2
0.049	1125000	4

Last trade - 16.10pm 27/06/2024 (20 minute delay)

CYM (ASX) Chart

Ann: $16m Placement and $10m non-renounceable entitlement offer, page-114

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Nimy extends sulphide targets at Mons with new anomalies identified

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: $16m Placement and $10m non-renounceable entitlement offer, page-114

Top Stories

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Nimy extends sulphide targets at Mons with new anomalies identified

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News