CYM 16.7% 4.2¢ cyprium metals limited

Ann: Trading Halt, page-157

  1. 1,067 Posts.
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    Yeah, a lot of BS hitting the threads@Deme The 15c options allow holders to convert funds at a higher value. After all, you get a free option if you can sell above 11c and convert to this agreement. This is a small cap raise compared to others. This deal is basically the same deal PLS did at 30c and PLS is now trading at $4.80. We are going mining fellas so what is the blue sky here? $1/share next year? $2 the year after as the copper price drifts higher?

    Receipt by Cyprium of binding commitments for US$140 million (AUD$195m on today's FX rate) or an A$ equivalent amount in Senior Secured Bonds on terms that are confirmed in writing to be to the satisfaction of the Joint Lead Managers (acting reasonably) that combined with the US$35 million prepayment facility and A$20 million of Placement proceeds fully finance the Nifty Restart Project;
 
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Last
4.2¢
Change
0.006(16.7%)
Mkt cap ! $64.09M
Open High Low Value Volume
4.3¢ 4.7¢ 4.0¢ $511.1K 11.82M

Buyers (Bids)

No. Vol. Price($)
1 353683 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 19996 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
CYM (ASX) Chart
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