CYM 4.76% 4.4¢ cyprium metals limited

Ann: Nifty Surface Mine Scoping Study, page-19

  1. 1,662 Posts.
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    Copper coming out of Cyprium's ears with the money box empty. MLX should exonerate the convertable notes and stump up some of their ridiculously high cash horde for a JV interest. Copper and tin would be like jam and cream.

    $35 million CNs + $35 million cash for 30% interest in Nifty under the new management. Could also buy 10% of Cyprium at a premium to get access to the other projects in the stable.

    Someone please be brave.
 
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