CYM 2.63% 3.9¢ cyprium metals limited

Ann: Quarterly Activities Report, page-112

  1. 765 Posts.
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    We're caught up in the dilemma that accompanies chasing funding at the moment. We need big money to throw us a few clams, (which they will) and they're going to do that on their terms. If we've recently raised $90 million @ $0.20 no one want to stump up $50 million @ $0.30 so they work away at the price, jump in at a more desirable rate and then we can all be friends moving forward. Take PLS as an example. They raised an eye watering $250 million @ $0.36 a mere 10 months ago, today they're sat at $2.26 (commodity and macro factors taken into account).
    It's darkest before the dawn, but rest assured before too long you'll see the big hexy in the sky start to illuminate the horizon for CYM.
 
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