CYM 3.92% 4.9¢ cyprium metals limited

Ann: Trading Halt, page-34

  1. 315 Posts.
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    It'll be interesting to see what the outcome is.

    I'd rather some dilution, and see a subsequent 500% return in 12 months, than see zero dilution but never see the project developed. We all know that once Nifty's pumping out 25ktpa, Marchoodyore, Nanadie Well and probably Stark will follow. If you think a 500% return in 12 months is fantastic - wait until CYM gets its fourth and fifth mine into production. ~120,000tpa is the end goal.

    If Barry is true to his words - and keeps the raise minimal and the majority in house - I'll be very happy. I wouldn't mind further averaging down either.

    Considering he delivered a $50 prepayment offtake agreement with Glencore yesterday - a deal which he's only briefly mentioned in the odd interview - and a deal which many weren't expecting... I'm still more than happy to back him. I still believe he'll see share holders rewarded greatly.





 
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Last
4.9¢
Change
-0.002(3.92%)
Mkt cap ! $74.71M
Open High Low Value Volume
5.2¢ 5.2¢ 4.7¢ $201.0K 4.059M

Buyers (Bids)

No. Vol. Price($)
2 254850 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 12722 1
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Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
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