That’s a very interesting observation. The company was spending as if Finance was a done deal. If they didn’t have a plan B other than VA, it is questionable whether the management has been conveniently incompetent. After all, CYM has a large copper reserve and is ready to produce with very little Capex requirement (in comparison to new mines). It would have attracted a few vultures. As you said, hope they have a plan B better than VA. Nonetheless, I have mentally written this one off as a total loss, anything better is a bonus.
That’s a very interesting observation. The company was spending...
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Last
4.4¢ |
Change
0.002(4.76%) |
Mkt cap ! $67.08M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.4¢ | 4.1¢ | $164.2K | 3.856M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 867805 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 634685 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CYM (ASX) Chart |