A differentiating factor is CYM have over $500m in sunk infrastructure investment with SX-EW almost ready to produce copper plate and concentrator (needing refurb) air strip, camp, pregnant solution with about $5m in copper sitting there ready to commission the EW etc etc
All this with a market cap of $44m
The stock was punnished when they recapitalised and the BOD did little to update the market hence the continual negative momentum.
Ann: Updated Nifty MRE Reaches 1M Tonnes Contained Copper, page-74
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 (20min delay)
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Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $54.89M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.8¢ | 3.6¢ | $133.3K | 3.593M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 621150 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 186878 | 9 |
View Market Depth
| Last trade - 15.10pm 22/05/2024 (20 minute delay) ? |
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Last
3.7¢ |
Change
-0.001 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| 3.7¢ | 3.8¢ | 3.6¢ | 387377 | ||
| Last updated 15.54pm 22/05/2024 ? | |||||
| CYM (ASX) Chart |