CYM 8.16% 4.5¢ cyprium metals limited

Ann: Notice of General Meeting, page-51

  1. 23,453 Posts.
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    Go back half a dozen posts and you'll see I've written 'right now'...

    The project is robust with respect to the Restart Study but things have changed in a major way.

    Cu price is down and unless you've got your head in the sand like B8 has you'll see costs are up substantially everywhere!--Finance is scarce and probably even more scarce for a company wanting $250mil on $50mil market cap--not to mention they're putting up a 6.5 year mine life--and basically no collateral.

    Looks great on paper but that paper is light years away from the conditions we're currently in.

    That's it from me.
 
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