CYM 2.38% 4.3¢ cyprium metals limited

Ann: 28.4% increased Nifty Copper MRE to 940,200t copper metal, page-25

  1. 527 Posts.
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    Not sure if my maths are correct, but the additional tonnes to the oxide component is 8,800 tonnes. Will extend stage 1 by 4 months roughly not game changing but still handy. When they get the sulphide metallurgy sorted out and its confirmed we will be able to plate copper for the next 20 years plus this thing is going to absolutely fly.

    How many mines in Aus can say they have a mine life in in excess of 20 years. Potentially Nifty will be the cash cow that will fund Nanadie well and Maroochydore.

    As long as the copper price does what its meant to do, its really hard not to get excited about the future of CYM
 
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