Wrong logic in my view Deme.
Avior are totally incentivized to obtain the best outcome for CYM. They will make far more $$ than attempting to throw CYM under a bus.
Remember Glencore sale to MAC last year for CSA Copper/gold mine for A$1.65 billion with the production of 40-45tpa copper concentrate, Sandfire spent $2.5+ Billion on acquiring Spains MATSA copper, zinc and lead mine in Sept 2021 with 2023 copper output expected to be in the order of 60-65tpa. CMOC is currently looking to sell it's old NorthParkes asset which is slightly smaller than CSA mine and pricing would be in a comparable range as CSA.
CYM expecting to be 25tpa from Nifty with 1/8th of the reserves(oxide) utilized in the restart study with potential 20+ yrs production beyond the oxide. Potentially the Nifty output could be the same as CSA mine with sufficient capital injection and therefore the valuation would be proportionate.
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Last
3.1¢ |
Change
-0.003(8.82%) |
Mkt cap ! $47.30M |
Open | High | Low | Value | Volume |
3.5¢ | 3.6¢ | 3.1¢ | $75.42K | 2.231M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 505993 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 1000000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 505993 | 0.031 |
2 | 46001 | 0.030 |
2 | 127359 | 0.029 |
6 | 798821 | 0.028 |
1 | 285000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 1000000 | 2 |
0.035 | 100000 | 1 |
0.036 | 81384 | 2 |
0.037 | 340946 | 2 |
0.038 | 330000 | 1 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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