why CYM is a Billion $ company in the making, page-1109

Currently as it stands we have a 6.3 year mine life minimum not great but still a bankable project that will attract finance however;

• This does not include the 9,600 tonnes of copper(1.2 million tonnes of ore) adding this in will reduce the strip ratio.
• The resource upgrade due this half contains 15,046meters of drilling which for the most part has been really successful so not only will this increase the resource but should help to lower the AISC.
• Barry has stated that there is still additional drilling that needs to be done in the south east of the pit further adding copping and improving the projects NPV.
• When Barry and Co have secured the IP for the sulphide heap leach then the mine life will explode, everyone has seen the size of that huge grey pit that is the sulphide resource.

The Nifty restart study really is the base case scenario all the improvements stated above will take us to the next level, there are not many developers in Aus that can claim a plus 20 year mine life.A 3(possibly 4) year payback on a 20 plus year project is really a no brainer.

Remember mid last year when Nanadie Well was spitting our obscene intercepts of 180 meters plus and the market completely ignored it?
As we build confidence in the market and get on peoples radars those sorts of results will get the share price flying.

Sure we can dream about what's going to happen in 5-10 years time when we are producing 100,000 tonnes of copper and i'll be driving around in my copper coloured Rolls Royce drinking Mango Mambos and telling everyone i'm a stock market genius.

But we all need top realise there is still a hell of a lot of things that can go wrong between now and then.