CYM 14.0% 4.9¢ cyprium metals limited

Ann: Nifty Copper Project Restart Update, page-3

  1. 1,436 Posts.
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    Ann too little too late.

    Don't need to be Einstein to know that finance is stuck in a market like this.

    Wonder if they will rethink the quantum of the finance deal. They are wanting to borrow the entire operational costs for Phase 1.

    For example, if it was scaled back to (say) $100m to get the basics done and rely on free cash to fund the rest, would finance be easier? After all, they say free cash flow of $100m pa. Sure, the economics would be different, but hey they would be operational.

    Dunno. Anything to advance it should be their mantra.

    Cheers
 
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