CYM 15.6% 3.7¢ cyprium metals limited

Ann: Cyprium Metals Update, page-31

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  1. 3,463 Posts.
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    NAIF is not a short or medium term option.

    The company has in ground assets which carry a real-world value. The strategic review will look at the potential sale of any/all/none of these assets and what options are avaialbe to give the best return to shareholders.

    The announcement made today also indicated that there will be changes in management, I think that says quite a bit.

    Todays announcement is nothing to celebrate, however I wont join the naysayers that say all is lost / death spiral etc. Likely those who do would never contact the company direct because having such conversations are somewhat harder than spitting invective from behind a keyboard.

    Good luck all.
 
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3.7¢
Change
0.005(15.6%)
Mkt cap ! $56.46M
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3.3¢ 3.8¢ 3.3¢ $145.4K 4.071M

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No. Vol. Price($)
2 142724 3.6¢
 

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Price($) Vol. No.
3.7¢ 176118 2
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