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3.13%

3.1¢ cyprium metals limited

Ann: Entitlement Issue Results, page-154

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LD99

7,317 Posts.

1402

23/02/23

11:21

Post #: 66416558
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Originally posted by Deme: ↑

Goldman Sachs has described copper as the "new oil". A multi-year bull market in copper has been forecast.

I think being oblivious to the imminent surge in demand - as the energy transition heats up - is kinda silly. Regardless of what one thinks about it, it is happening & gathering pace. Many investors are positioning for this now.

Why are you trolling a copper play you don't hold? Calling it a "dog", telling us the company will never secure finance and will go into VA. I look forward to the day the finance announcement drops. I'm convinced you won't rock up and tell us how wrong you were & apologise. Guaranteed you will just create a straw man and nitpick at the deal. I can already see it.

Production will need to double in the next decade to meet emissions targets.

With declining head grades worldwide & marginal costs of production increasing, a robust copper price will be needed to incentivise supply. This is economics 101.

Bring on this rude shock.

Oh, and finance.

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At least you were ready for the rude shock!

CYM Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

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(20min delay)
Last 3.1¢		Change -0.001(3.13%)		Mkt cap ! $47.30M

Open	High	Low	Value	Volume
3.2¢	3.3¢	3.1¢	$19.25K	606.0K

Buyers (Bids)

No.	Vol.	Price($)
2	54347	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	250000	1

View Market Depth

No.	Vol.	Price($)
2	54347	0.031
5	448332	0.030
5	997798	0.029
8	1012033	0.028
6	3350690	0.027

Price($)	Vol.	No.
0.033	63382	1
0.034	430586	4
0.035	640620	3
0.036	350000	1
0.037	488558	2

Last trade - 15.53pm 18/10/2024 (20 minute delay)

CYM (ASX) Chart