CYM Chart, page-7

With a copper price of 4.50 USD/lb and AUD/USD of 0.73, Cyprium will have and EBITDA of circa 150m AUD pa.

That is an income of 21 cents per share per annum!!!!

Hence the CYM chart seems less important to me than the copper chart right now but never the less, below is the CYM chart.

15.5 cents was my first target, hopefully the share price consolidates around here for a few weeks and then 32 cents is the next target. It is not healthy to go to 32 cents without some consolidation around this point first.

since CYM will be making circa 21 cents per share when in production in 12 months time, 32 cent SP in the short term is not unreasonable IMO.

Some may already want to put a multiple on that EBITDA of 21 cents per share but I will wait until we are actually in full production first.

Some technicals:
50 day EMA crossing up over the 100 day EMA>>>>>>>Bullish
way above average daily volume>>>>>>>>Bullish
MACD crossed over and gap increasing>>>>>>>>Bullish and strong momentum, short term maybe needs a breather.
SP at recent support which may now be resistance.

GLTAH