CYM 0.00% 4.5¢ cyprium metals limited

Ann: Nifty Surface Mine Scoping Study, page-26

  1. 1,467 Posts.
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    Yes, mate.

    Bloody good to see competent management at the helm. Have appreciated Matt's refreshing candour & thoroughness thus far. Ticking off all the boxes in a meticulous way.

    Surely, today's numbers (along with the recent resource upgrade) have put us on the radar of a few bigger players? Well & truly a takeover target now.

    Off the top of my head, I can't think of any copper developers (globally) who can be producing 36,000tpa within 2-3 years for less than A$200m.

    The recapitalisation was done at 4c, so anyone building a position today is getting in at the same price as Pacific Road & Co. Decent risk/reward proposition from this level.
 
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