CYM 7.32% 4.4¢ cyprium metals limited

More Vibes from the Vibe., page-2

  1. 6,946 Posts.
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    Feel terrible that another set of holders will fall for the trap of Nifty yet again.

    Hopes up... fail... consolidate.... repeat.

    Not to mention they've got MJ who bought Nifty in 1998 when Straits Resources was $2.50 per share, he then sold on Nifty in 2003 and the share price was as low as 24 cents.

    Maroochydore has terrible ore treatment processes. Large amounts of acid would be required and that would make treatment uneconomic if the acid had to be purchased. However, the deep ore at Nifty needs a different form of treatment that, conveniently, produces acid as a by-product; acid that could be used at Maroochydore.

    This is the fourth company it'll likely run to the ground. MLX are likely going to get nifty and the "progress" this management team back from CYM for nothing.
 
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