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(Small)Caps interview "we'll be financed by the end of this financial year, money in the bank July"
CYM has more than one or two MAJOR events that the market hasn't taken a chance on yet, but we have!
The big one is Finance:
- It will lead to sophs jumping on board which is absolutely crucial, retail won't do it
- it will go a long way to convincing the market of 'proof of concept'
- when finance is approved the assets become useful and therefore realize their value in the market
Following finance when this sentiment turns positive:
- Nifty is an open pit, not underground
- Nifty's bad rap is holding the share price back
- As Baz has said "Aussies don't do leaching well, we've destroyed more than enough projects"
The exciting news to come:
- When they can convince the market through their IP (finance will go a long way) that they can leach the sulphides
- Their Patent will put them in a unique position, this is huge
On-going:
- Approvals, construction, moving ahead with their plan to produce copper metal plate
- Assay results
- News from Maroochy, Murchison and IGO
The team:
- The market will eventually realize that Baz and team are world class. Baz has alluded to IGO getting them to run a project should they find something (that's my bit of speculation - what have they unearthed?!)
The current copper price is helping sentiment!
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- Ann: CYM AGM Presentation 2022
Ann: CYM AGM Presentation 2022, page-62
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $50.35M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.3¢ | $13.33K | 396.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 266412 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 289495 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 266412 | 0.033 |
3 | 1343780 | 0.032 |
4 | 333300 | 0.030 |
4 | 540248 | 0.029 |
2 | 532061 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 289495 | 2 |
0.037 | 474254 | 3 |
0.038 | 421845 | 2 |
0.039 | 441000 | 2 |
0.040 | 451062 | 2 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
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CYM (ASX) Chart |