Honestly, I believe the team's already assumed Nifty's a success and are already working towards bringing Maroochydore, Hollandaire & Stark online. Drilling and assays take a long time to get back... And whilst this has resulted in further cash burn and dilution in the short term - the team are forward thinking and planning for 2-3 years out for when the Copper deficit really kicks in and prices surge.
This is what I believe the "substantial changes in the Company's future plans" is referred to. And whilst I hate the dilution - I also get it. I get what the team's going for. And if they can achieve 100ktpa or more, at a time where the price of copper's is at it's strongest - fantastic.
- Forums
- ASX - By Stock
- CYM
- Ann: Non Renounceable Entitlement Issue Prospectus
Ann: Non Renounceable Entitlement Issue Prospectus, page-6
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CYM (ASX) to my watchlist
(20min delay)
|
|||||
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($) | Vol. | No. |
---|---|---|
5.0¢ | 12722 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 254850 | 0.049 |
5 | 600416 | 0.048 |
2 | 312765 | 0.047 |
3 | 280000 | 0.046 |
5 | 1378272 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 12722 | 1 |
0.051 | 738248 | 4 |
0.052 | 464008 | 3 |
0.053 | 1346576 | 3 |
0.054 | 700000 | 2 |
Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
Featured News
CYM (ASX) Chart |