CYM 0.00% 3.3¢ cyprium metals limited

Ann: Cyprium Metals Update, page-79

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  1. 217 Posts.
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    I think Avior will use the same formula for CYM as they did for this “ASX-listed mining company” they mention below. I will be interested to know

    which mining company that is/was

    and what shareholders who invested prior to the restructuring ended up with after the restructuring.

    “We also back ourselves. We’ve participated as a lender in restructuring plans and assembled an investor group for the restructure of an ASX-listed mining company. In that case, we were the lead investor and we brought the restructuring plan to the company’s directors.

    Our turnaround expertise extends to the point that we have been brought in as interim CEO and chief restructuring officer as part of large turnaround mandates.”

    Understandably, Avior is in it for themselves and it is business. Only when their interest is well aligned with existing shareholders, we could hope for a win-win outcome. I will fully support existing management who has large skin in the game, to retain control in this restructuring process.

 
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