CYM 0.00% 3.5¢ cyprium metals limited

Ann: Notice of General Meeting, page-51

  1. 23,828 Posts.
    lightbulb Created with Sketch. 1350

    Go back half a dozen posts and you'll see I've written 'right now'...

    The project is robust with respect to the Restart Study but things have changed in a major way.

    Cu price is down and unless you've got your head in the sand like B8 has you'll see costs are up substantially everywhere!--Finance is scarce and probably even more scarce for a company wanting $250mil on $50mil market cap--not to mention they're putting up a 6.5 year mine life--and basically no collateral.

    Looks great on paper but that paper is light years away from the conditions we're currently in.

    That's it from me.
 
watchlist Created with Sketch. Add CYM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.