Australia's largest stock trading and investment forum Australia's #1 stock forum

CYM

Click for more information

10.7%

3.1¢ cyprium metals limited

Ann: Nifty Surface Mine Scoping Study, page-70

First 70 Last

Share
Profile

Follow
PieChart

3,697 Posts.

766

25/05/24

15:30

Post #: 74007013
Share

Originally posted by magmabaron: ↑

9.5 - This scoping study handled this well. It would not be appropriate to consider the merits or costs of the mineralized ore. It needs to be dealt with via another study. This is coming. I was hoping that it would be first.
The PFS will not be able to make this statement and if it was included in a PFS I would be very concerned. If MEC are doing the PFS they'll be able to put together the full picture as this oxide scoping study is due soon.

Long story short, don't expect feasibility conclusions from a scoping study. Scoping studies are done to determine if it makes sense to do a feasibility study. Each level of study - SS / PFS / DFS comes with more costs and more detail.

Trust the process : SS - PFS - DFS - Sale of CYM. You decide what you think the share price will be at each gate.

AGM next week. Holders can ask questions.

Expand

Without knowing the costs of the mineralised ore it makes these figures irrelevant and misleading imo.

CYM Price at posting: 4.1¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Open: Australian bourse to fall as subdued Wall Street awaits rate cut decision | September 18, 2024

PAR

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

CXU

Cauldron discovers shallow uranium up to 2km at WA's Yanrey

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

There are more pages in this discussion • 52 more messages in this thread...

First 70 Last

Add CYM (ASX) to my watchlist

(20min delay)
Last 3.1¢		Change 0.003(10.7%)		Mkt cap ! $45.77M

Open	High	Low	Value	Volume
3.0¢	3.1¢	3.0¢	$9.087K	302.4K

Buyers (Bids)

No.	Vol.	Price($)
4	334845	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	300000	1

View Market Depth

No.	Vol.	Price($)
2	7754	0.030
1	19997	0.029
3	639285	0.028
6	1223468	0.027
4	711421	0.026

Price($)	Vol.	No.
0.031	80845	1
0.032	300000	1
0.033	372012	2
0.034	1000000	1
0.035	322350	3

Last trade - 11.51am 18/09/2024 (20 minute delay)

CYM (ASX) Chart