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I'm not disagreeing about the merits of CYM. Like I say the...

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09/10/21

16:22

Post #: 56682460
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Originally posted by FreeflyerNZ: ↑

the anthill project is tiny.

10,000t PA over only 4 years and they have to truck it to mt Kelly.

Nifty is 20,000tpa over 20 years. With a monster resource down the road, and two other very attractive deposits which already has quite a bit of drilling.
Aims to be 60,000t by 2025, followed by more acquisitions.

Has 50m cash, existing infrastructure. With a huge JV land holding for future exploration. As well as intellectual property regarding the leaching of chalcopyrite of which they are going through a patent process.

CYM have a big concentrator if needed and AR1 will still need to buy a concentrator to produce the sulphide material.

dilutionwise and risk vs reward its a no brainer for me. But appreciate your thoughts and good luck.

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I'm not disagreeing about the merits of CYM. Like I say the prospects are compelling.
I have watched all the Samso videos and the company stacks up.
It's likely I will pocket a parcel next week once I have finsihed my DD because aspirations of a mid tier copper producer at current levels? Seems a mispricing by the wider market.

I still see value in both propositions but there is denying they are on different paths, for now.Good luck.

AR1 Price at posting: 1.2¢ Sentiment: Buy Disclosure: Not Held
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