CYM 4.76% 2.2¢ cyprium metals limited

top 20 hold 85 percent, page-46

  1. 1,028 Posts.
    I want to know what they have been doing or mining for the past 8 months? In December (annc 18th Dec) they said they were 62m away from the orebody. Even if they hit it now, that's less than 30cm per day! An average development cut is approx 3.5m, you can easily develop two cuts per 24 hrs, therefore they should have reached 9 or 10 days after that announcement in December.

    What have they been doing with money, equipment etc for 8 whole months!?

    Unfortunately, the longer teh silence, in my mind means that they may be struggling to get more money (one way or another) although we must hear something soon as they should be just about out of the dosh now and holding a whip-round!

    I sure hope this thing turns around as I have been in this for some time and now I am a substantial holder waiting and hoping!??!?

    IMO
 
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