Just got back from the meeting and thought I would share my initial thoughts/notes:
-The next 6-8 weeks will bring more info that we have been waiting for [cathode study very close]
- Fully aware of balance sheet issues and would like to sort these out without further dilution to SH. All options are on the table; however, renegotiating MLX notes and using high-margin income from cathode would be the preferred method.
- Governance is MUCH better. They have a robust process prior to releasing anything to the market. They are not going to need to change their plans, getting all information [quotes, etc.…] prior to release.
- Matt finds the assets extremely interesting. The board is focused on a step-by-step approach rather than getting over-excited by ALL of the possibilities and heading off in multiple directions
- The team is fully aware that they need to get to production ASAP to take full advantage of the current Cu thematic
- Also ensuring that they are exploring opportunities with other assets
- Matt is laser-focused on bringing value to SH's as it will open more opportunities for us [financing-wise] with a stronger share price
I am very impressed with the caliber of management now... this is what we have always needed.
- Forums
- ASX - By Stock
- CYM
- Ann: Annual General Meeting Presentation
Ann: Annual General Meeting Presentation, page-7
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CYM (ASX) to my watchlist
|
|||||
Last
3.9¢ |
Change
-0.004(9.30%) |
Mkt cap ! $59.51M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 3.9¢ | $331.0K | 8.148M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 274043 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 489532 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 274043 | 0.039 |
6 | 1235957 | 0.038 |
1 | 350000 | 0.037 |
4 | 716777 | 0.036 |
1 | 400000 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 489532 | 2 |
0.041 | 104788 | 1 |
0.042 | 130000 | 2 |
0.043 | 165379 | 2 |
0.046 | 51934 | 1 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
Featured News
CYM (ASX) Chart |