CYM
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3.92% 4.9¢ cyprium metals limited

I believe everyone's getting caught up on the delays and the...

  1. Da12kl0rd
    315 Posts.
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    30/11/21
    12:54
    Post #: 57961146
    I believe everyone's getting caught up on the delays and the potential miss-wording /phrasing.

    This is from the presentation released last week;

    https://hotcopper.com.au/data/attachments/3847/3847005-dd9cdbfd375ff460716baae108a57b22.jpg

    This is from the updated Nifty MRE released two weeks ago;

    https://hotcopper.com.au/data/attachments/3847/3847066-00a0148c47f2c8c57902c62e0bf04089.jpg

    Phase one remains to be copper plate. Phase two will be additional concentrate.

    I've reassessed my views on Nifty from producing 20ktpa of copper plate, to now producing ~20ktpa of copper plate and ~25ktpa of copper concentrate.

    Copper plate will be early 2023 and the additional concentrate could be late 2023.

    Last edited by Da12kl0rd: 30/11/21
    CYM Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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