Ann: USD35M Offtake Prepayment Facility for Nifty Restart Project, page-122

"Ifyou’ve got other numbers or analysis that you can share or info on deals wereour new offtake partner have shafted people in the past please share"



My comments relating to DYOR don't have any negative underlying message about Transomine, they've been around a long time. They hold the upper hand as CYM's future depends on them, research them ... and look at this from their point of view, what's in it for them. It's the hardest debt to get. Then do the same for those who might provide senior debt secured against assets, a little less risk for them.



After CYM have their $50mil and assuming they'll get the senior debt we’re now in a position where we could run a cashflow forecast broken up into three monthy terms, even six monthly terms and compare that with the various milestones, production, financial, equip purchases, labour etc out to the end of calendar year 2026 and see how they match up along the way.

Compare this with other companies say a year ahead of CYM and look at any items that need to be included. This is a very rocky part of the journey to producer remembering that the market didn’t wake up to Finders until they posted a $58mil profit!

You can forecast and update their profit as you go, apply a PE and a risk percentage depending on where they’re at in the life cycle of going from explorer to producer. The risk percentage gets closer to 100% the closer you get, there's info on this. The numbers are now there to do this.

It’s valuable information and easy enough to do. The numbers might surprise, I don't know if this is something you do or don't, but it'll give an insight why the stock might seem to be trading too low, it's all about perceived risk ... the life cycle of a mining company and risk percentage. Once you've got it set up the market makes more sense.

Baz mightn't come out so bad in the scheme of things when you're sitting in the chair of the financiers! ... which is what this is all about really.

wattsy, I’ve got you on ignore because you’re a flog and I seriously couldn’t be bothered looking at your inane one line response.