CYM 4.55% 4.2¢ cyprium metals limited

Ann: Nifty Copper Project Restart Financing Update, page-350

  1. 3,695 Posts.
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    Going underground is a silly idea. Your main argument for is because it's cheaper?

    Except, you have no idea if it's cheaper and Cym would need to do a whole new restart study / permitting etc.

    So would that take another year? And how much would that cost? $10mil+ for the study and maybe $24mil to keep the lights on?

    What's the chances of that happening? Going to the market and saying hey guys we want to raise $30mil or $40mil to see if we should go underground vs heap leach.


 
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