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0.00% 4.3¢ cyprium metals limited

Ann: Rights Issue Raises $607,904, page-2

  1. Linebacker11
    4,472 Posts.
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    08/12/17
    20:56
    Post #: 29498330
    607,000 @ [154,000 ADMIN per quarter] = maybe <4 more Quarters until we see this print again -

    "The funds raised from the Rights Issue will be used to pay the costs of the issue, to enable the Company to investigate and fund new project acquisitions or joint ventures, and for general working capital."

    … then maybe a few more from any placement.

    … surprised this hasn't sunk under 0.50 …………….
    ARX Price at posting: 52.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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