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0.00% 3.3¢ cyprium metals limited

Ann: USD35M Offtake Prepayment Facility for Nifty Restart Project, page-17

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  1. hoodle
    1,391 Posts.
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    22/12/22
    11:22
    Post #: 65413234
    Great to see that they moved on from Glencore. It would be good to get clarification of the statement below:

    Offtake pricing of Copper Cathode shipments determined by reference to average market rates

    Does that mean the copper is sold at average market prices, or is there some discount and if so what is the discount?

    Hopefully some debt next and and then a well subscribed CR and we are off to the races. GLTAH
    CYM Price at posting: 9.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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