CYM 2.38% 4.3¢ cyprium metals limited

why CYM is a Billion $ company in the making, page-1846

  1. 315 Posts.
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    Pretty much..

    I'm still very confident in where CYM will be in 12 months time.

    Despite copper sitting at USD $3.53/lb on the LME, the project will still generate ~$57m+ in profits per year once operational.

    And if we're going off Shangai futures, where copper cathode is still trading at AUD $13,006/mt, CYM stands to profit $99.1m per year.

    Should the economy recover over the coming 12 months, this figure could easily double - so there is still tremendous upside and a massive return on investment to be had.

    In the short term - there's not anything meaningful to speculate on. I'm in this for the long haul - dividends from the targeted annual production of 100kt to 120kt per annum will make me a very happy investor.
 
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Last
4.3¢
Change
0.001(2.38%)
Mkt cap ! $65.56M
Open High Low Value Volume
4.2¢ 4.4¢ 4.2¢ $132.1K 3.119M

Buyers (Bids)

No. Vol. Price($)
6 1101911 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 544417 3
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
CYM (ASX) Chart
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