While it has been clearly documented that the CYM Board intended to commit funds (subject the s/h approval), it is most rewarding to see that they have followed through with their 'hard-earned' being injected into the Nifty project.
For me, as a long-term (suffering) shareholder, this confirmation of funds certainly provides me an element of confidence in Nifty progressing towards an imminent re-start.
Yes, there is still a way to go, however (in addition to the above) the recent engagement with McMahon, the divestment of non-core Meekatharra assets, the continued support by Glencore and the ongoing increase in the copper price, I do believe that Nifty is 'well alive and breathing'!
Fingers still crossed while there is still hope! GLTAH
CYM Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
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