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5.9¢ cygnus metals limited

Correction. point 2.explorer, not exporter

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phillip_k

5,123 Posts.

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31/01/24

13:10

Post #: 72158840
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Originally posted by phillip_k: ↑

1, The best thing you can be in this ithium rout is under takeover, especially made when prices were higher...eg AZS
2. The next best thing is an exporter actively drilling high value targets.....and, critically, who gets the high value hits. The market will still reward if the hits are righteous
3. Jorcing out a resource wont investors gonads going into overdrive in this environment, but the grades still need to be good.
4. The higher grade producers will survive, maybe no upside for some time.
5 Higher cost producers and mine developers is a bad place to be
6. Junior explorers with no great targets.hold up the rear.

What will Cygnus wind up? No. 2 or 6....meh, or 3 if you want to throw in Pontax

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Correction. point 2.explorer, not exporter

CY5 Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 5.9¢		Change 0.000(0.00%)		Mkt cap ! $17.30M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	18204	5.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	20000	1

View Market Depth

No.	Vol.	Price($)
2	18204	0.056
2	347777	0.055
1	200	0.054
1	3000	0.053
2	30019	0.050

Price($)	Vol.	No.
0.055	20000	1
0.059	83332	2
0.060	129037	2
0.061	109000	1
0.069	5699	1

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