Every 10 cent increase in copper is an extra $7,974,815 AUD per year we'll profit.
If simplified, and paid out as a dividend; this is the equivalent of 1c per share. ($0.01092).
Considering we already have a ~$1 margin (10.92 cents), we're looking at a 12c per share profit per year at US$4.10/lb.
Watch this fly as we get closer & closer to commissioning later this year.
The copper deficit is only going to worsen in 2024.
why CYM is a Billion $ company in the making, page-2811
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Last
4.3¢ |
Change
0.001(2.38%) |
Mkt cap ! $65.56M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.4¢ | 4.2¢ | $132.1K | 3.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1101911 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 544417 | 3 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| CYM (ASX) Chart |