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4.65%

4.5¢ cyprium metals limited

Ann: USD35M Offtake Prepayment Facility for Nifty Restart Project, page-136

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Bison8

1,067 Posts.

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01/01/23

13:04

Post #: 65493479
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Originally posted by mwatts: ↑

“Transamine SA have loaned CYM $50mil at "commercial rates" just so they can get access to copper at market rates? ... Ha! ”

Commercial rates is a description of the rate charged based on the purpose of the lending itself. In this case commercial purposes. Anyone working at a bank for 6 months will know this.

I don’t need to research this concept, As I have a career in it.

to then obtain a market price for the commodity sold is completely standard. I mean really what else would you expect, 20% above market?

you are conflating “commercial” finance rates with the price CYM will receive for copper based on being a “market” price and insisting that there is something untoward going on. It’s not,

The problem for you BW is that when you are called out on your BS you don’t have the grace to admit error or perhaps take a step back, instead you double down on your first erroneous comments, which says all anyone need to know.

And yes you are off ignore, you need to be held to account.

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It's like this with the troll dogs.

CYM Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.5¢		Change 0.002(4.65%)		Mkt cap ! $68.61M

Open	High	Low	Value	Volume
4.3¢	4.5¢	4.3¢	$93.26K	2.147M

Buyers (Bids)

No.	Vol.	Price($)
1	45813	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	523999	3

View Market Depth

No.	Vol.	Price($)
1	45813	0.043
2	950000	0.042
9	1366593	0.041
10	868076	0.040
5	150563	0.039

Price($)	Vol.	No.
0.045	523999	3
0.046	864287	5
0.047	722907	3
0.048	541111	2
0.049	1125000	4

Last trade - 16.10pm 27/06/2024 (20 minute delay)

CYM (ASX) Chart