CYM 16.7% 4.2¢ cyprium metals limited

Ann: Updated Nifty MRE Reaches 1M Tonnes Contained Copper, page-142

  1. 13,593 Posts.
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    extra 85 million clear profit before tax if costs are kept
    under control.
    I read an article where it said a 12000 USD price is needed to encourage investment in big copper mines. The figure they gave was a 9 billion USD investment for a mine producing 300000 tons of copper per annum.
    If CYM can do an initial run rate of 25-30000 tons pa it gives u some idea of it’s capital worth.
 
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