You are right D
I had to go back to the June 2011 Half Year report to confirm the following:
"The Group has a 20% interest in a strategic alliance with the Anglo American Group (“Anglo”) to explore for large porphyry copper-gold deposits in the Papua and West
Papua provinces. The interest is fully funded by Anglo through to a development decision."
There is no mention in the Activities reports that Papua is fully funded. This is just one example.
As for their operational performance, losing a tenement speaks for itself. The management, Carlile, Watson, Tahija, Willcocks, cannot control their operations, which increases risk to all stakeholders.
Papua is controlled by Anglo, Bima is controlled by protesters. Yet admin costs are $400k per quarter.
- Forums
- ASX - By Stock
- CYM
- something to arc management team
something to arc management team, page-2
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CYM (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.8¢ |
Change
-0.002(6.67%) |
Mkt cap ! $42.72M |
Open | High | Low | Value | Volume |
2.9¢ | 2.9¢ | 2.8¢ | $6.086K | 216.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 236740 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 595000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 200000 | 0.027 |
5 | 646999 | 0.026 |
7 | 1609201 | 0.025 |
3 | 508000 | 0.024 |
1 | 300000 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 595000 | 2 |
0.031 | 6976 | 1 |
0.032 | 300000 | 1 |
0.033 | 265548 | 2 |
0.034 | 1000000 | 1 |
Last trade - 14.36pm 13/09/2024 (20 minute delay) ? |
Featured News
CYM (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online