Concurred with you. I'm holding CYM for long term precisely because of those reasons that you've stated above. Just a reminder to SHs here that the initial pdn of 20 kt/yr in 2023 based on selling price @ $4/lb and AISC A$1.5/lb will yield gross income A$140m...and think what the profit will be when it ramps up to 60 kt/yr over next 5 years. And I believe that cu is the new oil due to the desired decarbonization toward a green green world and the CYM mgt team led by Garry and Barry will make this happen. Found another undervalued cu stock, GED which has hired a new CEO Jon on 1 Jun. Worth to take a look there given its low MC@$10m, cash@$3m and high grade cu discovered. GLTA.
Sophs throw $150 mill at this $20 mill MC copper play...., page-442
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Last
3.1¢ |
Change
-0.002(6.06%) |
Mkt cap ! $47.30M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.1¢ | $31.00K | 950.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 495514 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 218787 | 1 |
View Market Depth
| Last trade - 10.40am 08/10/2024 (20 minute delay) ? |
| CYM (ASX) Chart |