CYM
Click for more information
0.00% 3.3¢ cyprium metals limited

gold hedge book closed out, page-2

  1. jumpingbunny
    1,028 Posts.
    clock Created with Sketch.
    02/10/08
    13:17
    Post #: 4336748
    I think this is good news. It may read not so good without thinking as it increases their debt to US$60m but it also increases their potential profit (given a favourable gold price).

    If a farm-in company ahs the money, they could pay out the debt and make more money now this hedging has been lifted.

    I think this is the first step and a requirement by a potential farm-in company. Watch this space as I think that now this has been done, the next announcement will be the ONE!

    IMO
    ARX Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Significant shallow gold intersections at Tambourah King reveal potential extensions to the lode gold system, with promising RC drill results and more assays pending
right-arrow Created with Sketch.
NEWS Waroona Project financing strategy aims for non-dilutive funding solutions - discover how this approach will support its Stage One development
right-arrow Created with Sketch.
NEWS Gold mineralisation discovered along major shear zone at Challa Gold Project, confirming two new intersections in latest aircore drilling
right-arrow Created with Sketch.
NEWS High-grade drill results confirm extension at Paddy’s Lodes—reinforcing significant discovery and growth potential at Youanmi Gold Project
right-arrow Created with Sketch.
NEWS Large-scale copper discovery confirmed with high-grade assays—significant potential for major sedimentary-hosted copper deposits
right-arrow Created with Sketch.
NEWS Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CYM (ASX) to my watchlist
(20min delay)
Last
3.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $50.35M
Open High Low Value Volume
3.3¢ 3.3¢ 3.2¢ $17.05K 517.7K

Buyers (Bids)

No. Vol. Price($)
2 47272 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 289495 2
View Market Depth
Last trade - 12.46pm 04/10/2024 (20 minute delay) ?
CYM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.