CYM 4.55% 2.1¢ cyprium metals limited

Ann: Nifty Surface Mine Scoping Study, page-3

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  1. 1,440 Posts.
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    Game on folks.

    A significant step in the overall restart. Good NPV and other metrics. Looks to be conservative, which is what I like about these guys.

    This is for the pit/sulphide resource. Note they say the oxide resource is 'mineralised waste' in the overall pit design. But IMHO, it will be fed into the SX plant. Why? There is no downsize and they are refurbing the plant anyway. Might get another 10kt pa out of it for quite a while (remembering the old proposal by the former blokes said it was a 10 year resource.

    Giddy up.

    Cheers
 
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