CYM 0.00% 3.3¢ cyprium metals limited

why CYM is a Billion $ company in the making, page-822

  1. 315 Posts.
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    I too firmly believe that the majority of financing will be debt, if not - all of it. But I admit that because of the delayed timeline, there's a chance we may need to raise a small amount, perhaps around $10m.

    For reference, here's the last couple of Capital Raises:

    https://hotcopper.com.au/data/attachments/4131/4131425-ccfa34e95d17c3398a41a531f7deaf99.jpg

    The only time a discount above 10% was offered was for such a substantial raise - and that raise absolutely transformed the company.

    Other than that - the average raise has been conducted at a 4.18% discount to the share price. I highly doubt we'll see any meaningful discount if a capital raise occurs. There's even a chance that it could be conducted at a premium.


    Last edited by Da12kl0rd: 02/03/22
 
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