CYM 8.57% 3.8¢ cyprium metals limited

last reported 2016 486000 tons Cu at 1% ( Bulk of it in...

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    last reported 2016 486000 tons Cu at 1% ( Bulk of it in indicated) and 18000 ton Co at 380 ppm
    With a bit more drilling n new cut off to 0.25% Cu
    1 m ton Cu in ground should be easy to hit
    Based on 3000m x 500 m x 100m x 0.5%/100% = 750,000 ton Cu
    add let's said CYM double the Co to 36,000 ton x $ 75,000 = USD 2.7 billion/ $9500 ( $4.31c /lb Cu) = 284,000 ton Cu Eq
    .Based on new grade of 800 ppm in new drill results instead of 380 ppm in 2016 report
    So CYM will have more than 1 m ton contains Cu in Maroochydore in the ground.
    This will be mine site No. 2. hopefully estimates 24 to 36 months after Niffy is minting $

    https://hotcopper.com.au/data/attachments/4414/4414152-ec61964ead5fe2cc2ba5b96ecd2bd340.jpg
 
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