CYM 0.00% 3.3¢ cyprium metals limited

Coffee with Samso, page-79

  1. 315 Posts.
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    Emphasis on the "Value added" prospect.

    CYM isn't shipping ore and/or concentrate.

    It's shipping a final product which will increase revenue and profit.

    For added perspective; clean copper concentrate treatment and refining charges are between $30-$65/t.

    This is an extra $600k to $1.3m in the bank each year. Sure, it doesn't sound like a lot. But it's extra. It pays for staff, or extra drilling activities.

    Additionally, a premium is charged for the product itself (copper plate). Using $9,200/T to calculate our final revenue may be incorrect. The true figure may be $10,650/T.

    That's potentially an extra $29m per year from 20kt. This is significant.
 
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