CYM

0.00%

3.3¢ cyprium metals limited

Thanks BH. That's the most honest and factual assessment we have...

First 34 Last

Share
Profile

Follow
29101971

5,719 Posts.

319

14/12/23

14:34

Post #: 71450685
Share

Originally posted by Bayhunter: ↑

I spoke to 3 directors at the Noosa Mining Conference. I found them arrogant, rude and disinterested in my questions, it may be because i introduced myself as a holder before the new board was appointed.

Clive Donner started his presentation with some facts he obviously is proud of:
the top 10 holders hold more than 50% of the company and
The board themselves hold 20% of the company.

Clive also pointed out he and Milan were in talks with the board last year and told them the restart study proposal was "unbankable"

The only way Clive and his Croneys could get over 50% of the registry is if they kicked out the existing board, take over and double the SOI and they weren't going to do that at 10 cents (note it was trading at 16 cents before the cap raise that didn't happen was announced) They screwed over existing shareholders in order to get more voting power and control and possible dividends and capital gains BY doing a huge Placement at 4 cents which they took part in.

Clive and his Croneys are not interested in the old shareholders they have put their own cash into now owning more than 50% of the company. Clive and Milan each put in $500,000 of their own money, to get the same percentage ownership of the company they would have had to put in $1,250,000 each, if placement was done at 10 cents. THAT is why the SP is where it is today. IMO

Expand

Thanks BH. That's the most honest and factual assessment we have had in 2 years I reckon.

Will you continute to hold despite all that?

I still fear their ability to get finance in the next 12-18 months for what must be now the $300-400m required to bring it into operation.

CYM Price at posting: 2.8¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BUX

Buxton projects new graphite province discovery at WA Narryer play

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

There are more pages in this discussion • 48 more messages in this thread...

First 34 Last

Add CYM (ASX) to my watchlist

(20min delay)
Last 3.3¢		Change 0.000(0.00%)		Mkt cap ! $50.35M

Open	High	Low	Value	Volume
3.3¢	3.3¢	3.2¢	$17.05K	517.7K

Buyers (Bids)

No.	Vol.	Price($)
2	47272	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	289495	2

View Market Depth

No.	Vol.	Price($)
1	32121	0.033
3	630677	0.032
4	333300	0.030
4	540248	0.029
3	732061	0.028

Price($)	Vol.	No.
0.036	289495	2
0.037	430829	2
0.038	421845	2
0.039	441000	2
0.040	451062	2

Last trade - 12.46pm 04/10/2024 (20 minute delay)

CYM (ASX) Chart

Thanks BH. That's the most honest and factual assessment we have...

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BCI reaches close of funding facility for salt-first part of Mardie project

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Buxton projects new graphite province discovery at WA Narryer play

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Thanks BH. That's the most honest and factual assessment we have...

Top Stories

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BCI reaches close of funding facility for salt-first part of Mardie project

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Buxton projects new graphite province discovery at WA Narryer play

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News