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4.5¢ cyprium metals limited

Ann: Nifty Copper Project Restart Update, page-66

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Jonnyash

1,288 Posts.

113

01/10/22

19:36

Post #: 63983497
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Originally posted by Bunn-Wackett: ↑

Recall Barry said that the market didn't respond to Finders until they announced US$58 mil full year profit----CYM's trust issue might mean they have to wait that long again.

CYM needs to wait for a financier to have the appetite to kick in $250 million and that's not going to happen while the global recession, or even the perception that a global recession looks a near certainty. It's risk off!

The data room has been open since last August so why just Glencore and why did it take so long to even get to that position? Something the financiers saw that they didn't like?

CYM has lost it's coveted spot at the front of the queue.

The Nifty update "Advanced discussions are continuing with debt financiers"----Does that mean finance is close?....oh, gee whizz, that's great

Bottom drawer, at the back!

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Financiers do have to lend though as that's how they make money. Money will flow but likely on less favourable terms.

CYM Price at posting: 6.9¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 4.5¢		Change 0.001(2.27%)		Mkt cap ! $68.61M

Open	High	Low	Value	Volume
4.4¢	4.5¢	4.1¢	$168.7K	4.018M

Buyers (Bids)

No.	Vol.	Price($)
3	205000	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	566823	6

View Market Depth

No.	Vol.	Price($)
3	205000	0.042
2	274250	0.041
10	633805	0.040
8	571560	0.039
4	475431	0.038

Price($)	Vol.	No.
0.045	566823	6
0.046	624111	3
0.047	701111	3
0.048	731111	3
0.049	1196111	4

Last trade - 16.10pm 19/06/2024 (20 minute delay)

CYM (ASX) Chart

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