CYM has no debt but has creditors, so unlikely to fold. We have a MC of $50M now, so $0 priced in for production. The stock is hit hard by severe negative sentiment, which I understand as my holding has an average buy price of 16c. The stock is oversold IMO.
If we delay production by 9 months, it will cost alot less to build. Labour and materials will be cheaper if Aus and world are in recession. That'll coincide better with structural global copper production deficit in 2024+
Barry’s promises, page-170
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Last
2.8¢ |
Change
-0.001(3.45%) |
Mkt cap ! $42.72M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.2¢ | 2.8¢ | $37.87K | 1.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 709999 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 573413 | 2 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| CYM (ASX) Chart |