Ann: Nifty Copper Project Update, page-16

Pretty bold statement and sentiment. Care to expand? Do you think we are overvalued?

To refute some of your comments. This is an update.. But it is a very detailed one at that. Also with a lot of work completed other than the bathroom you picked on.

Didn't notice the camp has been fully repainted and has new roof/flashings? Has a new concrete walkway around the camp?

As well as full strip out and refit of EACH unit.



There's a few gems in there also which are far from any fluff.

Firstly,
We now understand the numerous types of parties who are willing to negotiate financing the project with us.

"Cyprium is in discussions with commercial lenders, metal trading companies, mining credit funds, and Cyprium is also contemplating to finance the restart through a fixed income debt instrument".

Comprised of senior secured financing, subordinated debt, and offtake financing.

Secondly,
Drilling at deposits near nanadie well has commenced, this wasn't announced to market previously. No drill program and no commencement of any drilling happening until this paragraph in the update. Yet samples have already been submitted.



Thirdly,
Cyprium have managed to leach primary sulphide minerals such as covellite, bornite and chalcopyrite.



You may have heard of a company (Jetti Reources) that has had an investment of 50million towards the leaching of sulphides as well as companies like AR1 trying to get hold of their tech.

Cyprium is quietly conducting met work using their own IP that could see them being a formidable mid tier copper producer and economic sulphide leacher, of which they have already proven themselves by successfully turning oxide as well as suphide via profitable heap leach operations in the past.

Lastly,
Those young men in the picture you describe as long hair layabouts represents a proactive move by management in a very tight labour market for mining in Australia.
Not only that, their salaries will be less then more experienced staff. Additionally, it further proves the point that CYM already have the expertise "in house" to teach young ones what they are proficient themselves at.


The only embarrassing thing from this update is yourself coming on this thread and commenting with no intellect.