CYM 4.55% 2.1¢ cyprium metals limited

Ann: AUD50M Secured Offtake Prepayment Facility for Nifty Copper, page-15

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  1. 748 Posts.
    lightbulb Created with Sketch. 142
    Good news.

    I find this curious:

    "The restart project economics are very robust, and we have continued to make further improvements to the Nifty Copper project during the financing process."

    This must be some sort of reduction in the c2 or c3 components, perhaps they're already incorporating increased oxide resource into what they present to the financiers spreading some of those costs over a longer period.
 
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