Been part of this project since mlx days ( i hold a small amount in CYM more of a way to get dirt cheap CR shares). If they don't pay the 36 mill does MLX get its mine back? MLX actually now has a nice cash position because tin has been doing very well. Do we jump ship into MLX and get the mine back for 36 mill? the company needs to do a 1 for 1 capital raise just to pay off debt, let alone develop a mine. ( 2 cents a share ) probably 1.5 cents to get an extra 40 mill and some 3 cent oppies thrown in. I'm not being mean, this happened to me when I had MLX which went down to almost these levels so I know the pain. Maybe hedge bets between the 2 companies?
Ann: Noosa Conference Presentation, page-5
Add CYM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.7¢ |
Change
-0.001(2.63%) |
Mkt cap ! $56.46M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.9¢ | 3.6¢ | $51.12K | 1.375M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 635818 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 165316 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CYM (ASX) Chart |