CYM 16.7% 4.2¢ cyprium metals limited

Ann: Entitlement Issue Results, page-42

  1. 1,365 Posts.
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    I agree. I think any company that knows they are running in a one horse race is going to take it at a dawdle as it is to their advantage to do so. They longer things take, the better the terms. If CYM only have engagement with Glencore then I'd say this is a very poor situation to be in from a negotiating point of view. If a chairman doesn't have the curtesy to reply to the shareholder that is funding his/her position, then I think that is poor form.

    Great assets, great technical skills, but so far poor execution on the corporate front. I have a lot of shares but didn't like the cash burn and I don't like the one horse race. This will end up as a mine, but the timing and execution in the financing has not been what I would have expected from this team. Many loyal shareholders are in the red because of what was a poorly timed raise. I would like to see all shareholders in the green in the next 12 months. GLTAH
 
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