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2.27%

4.5¢ cyprium metals limited

Unfortunately Gary is still there.

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1,341 Posts.

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30/04/24

11:24

Post #: 73579017
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Originally posted by Deme: ↑

Wiser heads at the helm now that Barry Mango Mambo Cahill is long gone.

Creating early cash flow from the existing heaps - with minimal outlay - is 100% the way to go.

In conjunction with a clean up of the balance sheet, as previously mentioned by @RockstarJones & the market will wake up very quickly that this remains - by a serious margin - the most undervalued/best Australian-based copper development play on the ASX.

And the copper price is flying & closer to US$5/lb than US$4/lb. That $1.50 margin I mentioned a short while ago - when sharing my back of the envelope numbers - is indeed proving to be a conservative margin estimate.

Tip of the hat to all those investors who refused to throw the towel in. The equation is: decent asset + sunk capital advantages + minimal/modest capex to restart + quality management. The only thing missing here has been the latter. Zero margin for mistakes right now. Matt & Co must methodically execute their revised strategy. All the other pieces are in play.

I'll be doubling my position shortly.

GLTA.

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Unfortunately Gary is still there.

CYM Price at posting: 4.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.5¢		Change 0.001(2.27%)		Mkt cap ! $68.61M

Open	High	Low	Value	Volume
4.4¢	4.5¢	4.3¢	$254.1K	5.727M

Buyers (Bids)

No.	Vol.	Price($)
2	625937	4.5¢

Sellers (Offers)

Price($)	Vol.	No.
4.6¢	513000	2

View Market Depth

No.	Vol.	Price($)
2	625937	0.045
1	150000	0.044
2	12308	0.043
2	110000	0.042
1	13000	0.041

Price($)	Vol.	No.
0.046	513000	2
0.047	1190000	3
0.048	620000	2
0.049	1355127	5
0.050	957124	3

Last trade - 16.10pm 17/06/2024 (20 minute delay)


Last 4.5¢			Change 0.001 ( 2.27 %)
Open	High		Low	Volume
4.3¢	4.6¢		4.3¢	2566085
Last updated 15.59pm 17/06/2024 ?

CYM (ASX) Chart

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