CYM
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2.04% 5.0¢ cyprium metals limited

Good point there @Deme (previous management NPV vs capex). Matt...

  1. peter63
    846 Posts.
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    23/05/24
    10:23
    Post #: 73970268
    Good point there @Deme (previous management NPV vs capex). Matt mentioned that in his recent podcast

    This is a great announcement and not what we were expecting. We're all waiting for the SX-EW restart and got this one. The great news here (apart from the good financial metrics at a conservative copper price) is it being run as a stand-alone project. 570k tonnes of copper is about AUD $9 Billion worth. Don't forget about the near term heap leaching of the 91k tonnes (AUD $1.4 Billion worth) that will be requiring minimum capex and is ready-to-go.

    Great news, well done Matt and team

    5 days till AGM

    CYM Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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