Everything pushed back 6 months
Not unexpected.
It had been 8 months since CYM bought this Niffy. Rome was not built in a day.
so 24 months to get Cu plate is still very fast.
But fundamental reminds the same
As BC mentioned all brownfield or greenfield projects will also be push back.
Let's Look at other Cu plays.
Etc Explorer
HAV , $50m SH lucky if in 10 years they can see Cu Conc.
CVV $140m only PFS expected Q1/2022 5 to 8 years b4 The SH can see any Cu concentrate
PEX $91m Scope in 2022 n pfs when?, FS when?
Developer
HCH $175m Still Drilling. Capex Guess maybe A$2 bil or 3 bil.. Too big a project. It needs big push from big shareholders.
so where do small sh stand?
N in Chile. Mine Taxes is still going up.
KGL $190m FS in Q1/22 need maybe A$250m for Capex. 5 years to see Cu conc. if FID in 2022?
So I still prefer CYM for Cu play for Green Revolution.
CYM is cheap
N CYM is getting cheaper and cheaper to buy in.
Good for investors with LT view.
I m now holder of more than 1% of shares. All In nominees account.
I took the whole morning to buy another 1.5 m at 15c.
but not much sellers at 15c.
so I presume this could b the new bottom.
I will buy more if price drop further. And put in my bottom drawer. And sit for 24 months to see the cu plates.
Maybe alot safer than $ in bonds.
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Last
3.0¢ |
Change
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Mkt cap ! $45.77M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 2.9¢ | $92.20K | 2.955M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 661276 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 146774 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 661276 | 0.029 |
4 | 1585775 | 0.028 |
4 | 3138062 | 0.027 |
5 | 1012625 | 0.026 |
4 | 802201 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 146774 | 3 |
0.034 | 350000 | 2 |
0.035 | 70620 | 1 |
0.036 | 289495 | 2 |
0.037 | 474254 | 3 |
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