CYM 0.00% 2.6¢ cyprium metals limited

Ann: Nifty Copper Project Restart Financing Update, page-38

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  1. 221 Posts.
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    Bitterly disappointed with the current situation. Hard to see a way forward.
    My understanding though with regards to the debt you are referring to is a convertible note that converts into shares. Obviously would be dilutionary in terms of shareholders but they don’t need to find cash as you seem to be suggesting.
 
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