And the current copper price is supportive to CYM finance being within the restart Study modelling.
I found solace in the fact $11,545/t area is well supported with some high volume moves at $12,000/t.
Also note that since the July low, Cu price has been incrementally advancing with consolidation steps.
I placed a target level above $14,000/t as that is where the market found resistance of moving higher with only a couple of short term moves running above that level.
Ann: USD35M Offtake Prepayment Facility for Nifty Restart Project, page-33
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Last
3.1¢ |
Change
-0.003(8.82%) |
Mkt cap ! $47.30M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.6¢ | 3.1¢ | $75.42K | 2.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 505993 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1000000 | 2 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| CYM (ASX) Chart |