CYM
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2.70% 3.6¢ cyprium metals limited

Ann: AUD50M Secured Offtake Prepayment Facility for Nifty Copper, page-110

  1. Da12kl0rd
    315 Posts.
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    28/06/22
    23:03
    Post #: 62260355
    Fair enough - if I've misunderstood that, then I guess I'm wrong.

    You're right that they'd have to seek share holder approval for any additional raises.

    However I'm hedging my bets towards this being the last Capital Raise. A $50m prepayment + ~$30m in cash + existing infrastructure and resource should be sufficient in securing the remainder of the financing.

    Only time will tell however...



    CYM Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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