CYM
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3.92% 4.9¢ cyprium metals limited

Ann: Cyprium Metals Secures A$21million of Funding, page-39

  1. mt88
    2,669 Posts.
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    29/06/23
    13:11
    Post #: 68533537
    @LD99 Including OID discounts, the effective interest rate pa are:
    Tranche 1: 16.4%
    Tranche 2: 21.0%

    You wonder what rates they were paying to previous sharks if they are refinancing at 16.4% and 21.0% to pay off prior debt.

    Debt snowballing into more debt to pay off more debt. Ponzi debt scheme.

    CYM Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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