CYM 16.7% 4.2¢ cyprium metals limited

Ann: Annual General Meeting Presentation, page-14

  1. 356 Posts.
    lightbulb Created with Sketch. 97
    I had read the presentation again.
    BAZ had spent a fair bit of $ on improve the rooms.
    I just saw for the Nifty surface mine, $34 m is budget for rooms n offices for this mine out of $175m. about 20%
    I know the mine is in the Great Western Desert.
    The runway had been rebulit. Cost $ as well.
    But does the management planned to built a Hilton at this mine?

    Why the management cannot look at just running the 2.8m ton concentrator.?
    Try Get it running and show us some green. Than U add to the existing concentrator.
    Instead of dreaming bigger pipe dreams and forever need funds N put out the hat again.
    Than it becomes a lifestyle co.
    With great assets in the ground that cannot never be realised.

 
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