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4.7¢ cyprium metals limited

Ann: Trading Halt, page-104

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LD99

6,920 Posts.

1346

02/02/23

13:44

Post #: 66031593
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Originally posted by WolfgangH: ↑

Baz has said he want this to get to 80-100 kt per year in the next few years, which is exactly what 29 was talking about if you could use half a second to think about it.

With the sulphides at Nifty, there is about 700 kt of copper there. Once we get working on that, it feasibly can handle about 15 years at 50 ktpa.

Then there is Maroochydore, which, if we get the metallurgy right, has about 500 kt, and can handle 20 years at 25ktpa.

Forget about all the rest, that is roughly 75 ktpa for 15 years.

That is definitely more than 1/3 of OZL production, more like 1/2 to 2/3rds (1/2 if you wanted to look at Cueq)

So don't see anything wrong with what 29 said bruski!

Additionally, Las Bambas has now been put on care and maintenance, there goes 2% of global Cu production!

Cu still at $4.2, and inventories continue to drop, COMEX is super low now!

GLTALs, and wow, really hoping finance comes through nice and quick and we can final shed a few of these numptys!

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You keep forgetting that Baz also said that finance was close a year ago too.

CYM Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
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