CYM 4.00% 4.8¢ cyprium metals limited

I hear you Deme. ;)The sharks who came in and recapitised at a...

  1. 2,018 Posts.
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    I hear you Deme.

    The sharks who came in and recapitised at a ridiculously low 4 cps in Sep 2023 after a 7 month suspension in trade had no interest in immediate SP appreciation they just wanted to accumulate more shares at a ridiculously low price until the restart study is announced (this quarter) (fortunately Matt took control of the board and increased communication) There is nothing we can do about it other than join their folly and accumulate too

    1 million tonnes of copper metal in the MRE $$$$ That is why the private equity are building their positions and that is why they took more than 50% of the register soon after recapitalising.

    Flat Footed added 17 million shares in May and added another 16 million shares in June, I am interested to see how many they add in July.....

    This will go back to 16 cps in the short term IF the restart study is proved to be economical and why wouldn't it? The AUD copper prices 21% above the restart study released in March 2022........ and this restart study is supposedly going to crash the biggest hurdle of the last restart study being short mine life.

    This will be an interesting quarter there is a big gap to be filled.


    https://hotcopper.com.au/data/attachments/6287/6287842-d8f9995c3e28fd477ce6f46d41f0345c.jpg

 
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4.8¢
Change
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Mkt cap ! $73.18M
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4.9¢ 4.9¢ 4.7¢ $186.2K 3.865M

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