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8.16%

4.5¢ cyprium metals limited

why CYM is a Billion $ company in the making, page-2213

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31/08/22

14:30

Post #: 63435357
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Originally posted by DDBB: ↑

Hey @FreeflerNZ, long time.

I had an email exchange with Baz couple of weeks ago and he said he was flat out. They have redone slabs for the SX plant but what else who knows. Geos will be doing mettalurgy I'd guess. Lots of brooms moving lol !

Cash burn is a worry but the recent CR provides them with a few quarters grace but the remainder of the retail CR seems to be still unallocated. But who'd buy at 11.5 when it's sub 10! Very poor look.

On communication, I think that Baz will pull his head in and only report when there is something material. Right or wrong, he's been stung by the criticism, even gave me a backhander for mine lol ! But it's mostly been own goals from him so the criticism is deserved.

We all know they are knocking the lights out trying to get finance across the line, good on them as I'm sure the financiers are stress testing the lights out on the Restart Study which I presume is the point of delay. Same for Glencore.

Unfortunately we are just sitting ducks at the moment. Can only hope this will come to a head soon or we'll be a nice duck l'orange meal for a hungry raider.

Cheers

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Did he offer anything on finance? It was final documentation at the start of August. We are into September tomorrow.

CYM Price at posting: 9.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.5¢		Change -0.004(8.16%)		Mkt cap ! $68.66M

Open	High	Low	Value	Volume
4.9¢	4.9¢	4.5¢	$51.35K	1.114M

Buyers (Bids)

No.	Vol.	Price($)
6	149873	4.5¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	176986	1

View Market Depth

No.	Vol.	Price($)
6	141460	0.045
1	150000	0.044
8	977487	0.043
5	535357	0.042
5	1549194	0.041

Price($)	Vol.	No.
0.046	116097	2
0.047	176986	1
0.048	1462480	4
0.049	450000	1
0.050	30000	1

Last trade - 13.59pm 12/07/2024 (20 minute delay)

CYM (ASX) Chart