CY5 0.00% 5.6¢ cygnus metals limited

Ann: Quarterly Activities Report, page-8

  1. 175 Posts.
    lightbulb Created with Sketch. 81
    I just don't see why they'd get in if not to get something happening. If they announce a gold project, ideally in a safe jurisdiction, along the lines of Pickle Crow (former mine, little/nothing upfront, maybe not quite all of it, royalties etc.), there's no way this doesn't have an enormous re-rate, and that's before you start drilling, announce a resource etc.

    Moreover, while gold prices are predicted to be solid for some time, there's probably not much of a reason to sit on your hands in an environment like this.

    I suspect (hope might be a better word) that we'll see an announcement within a couple of months of the AGM.
 
watchlist Created with Sketch. Add CY5 (ASX) to my watchlist
(20min delay)
Last
5.6¢
Change
0.000(0.00%)
Mkt cap ! $20.51M
Open High Low Value Volume
5.6¢ 5.6¢ 5.6¢ $9.52K 170K

Buyers (Bids)

No. Vol. Price($)
2 108571 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 41457 2
View Market Depth
Last trade - 13.19pm 16/08/2024 (20 minute delay) ?
CY5 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.