CYM cyprium metals limited
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Ann: Quarterly Appendix 5B Cash Flow Report, page-9

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    3,697 Posts.
    lightbulb Created with Sketch. 766
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    31/10/22
    10:19
    Post #: 64490984
    I think I read in past MLX Ann their C&M burn rate was around $1mil (anyone correct me if I'm wrong).

    I think today's prices nifty burn rate probably double that. I think a 6 month burn rate is being overly generous here.

    So the question becomes will the macro become more favourable to cym within 6 months and can they get finance in that time?
    CYM Price at posting: 6.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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