Absolutely.
Quite often investors are focused on short term market movements which have no underlying affect on the stocks performance months, or a year, down the track. Use moments like these to top up on companies with strong fundamentals.
I am highly confident that CYM will progress and reach production late 2022 / Q1 2023. Personally, I'm bullish towards future market conditions - such as decreasing global copper production, decreased global inventories, and increased demand through electric and green energy usage. Using current copper prices - we can work out CYM will be a billion dollar company in 2023. There's significant upside with minimal risk.
I 100% agree with @Nodollars statement of "CYM will be the FMG of Copper". It's not a matter of if, it's a matter of when.
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Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $54.93M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $15.41K | 427.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 415164 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 415164 | 0.036 |
4 | 1136696 | 0.035 |
7 | 1173353 | 0.034 |
6 | 2205000 | 0.033 |
3 | 306999 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 30000 | 1 |
0.039 | 472983 | 3 |
0.040 | 200 | 1 |
0.041 | 439788 | 2 |
0.042 | 1175000 | 3 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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CYM (ASX) Chart |