CYM 7.32% 3.8¢ cyprium metals limited

Ann: Quarterly Activities Report, page-3

  1. 1,109 Posts.
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    Restart study cost difference

    Cu price $1000 higher
    Cost of petrol 207cpl, now 188cpl
    shipping per container USD $9700 down to $1600

    Work on Nifty 20+ super pit

    -Heap leach as planned for oxides
    -Using the concentrator for sulphides which currently can produce 28,000tpa and looking to upgrade to 40,000tpa

    concentrator looking to fire up 3 years before the HP leach finishes.
    potential of producing over 50,000tpa of copper concentrate / copper cathode during the overlap.

    Look forward to this if they can stretch that far.

    If it comes out good the long LOM will certainly help towards getting finance, however still several months away.

    A very humbling experience for CYM and shows you can't take shortcuts in this industry, especially in the current economic climate.

 
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4.2¢ 4.2¢ 3.8¢ $263.5K 6.493M

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Last trade - 14.50pm 27/05/2024 (20 minute delay) ?
Last
3.7¢
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