CYM 2.70% 3.6¢ cyprium metals limited

Yeah. There may be a token dividend or something to celebrate...

  1. 315 Posts.
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    Yeah. There may be a token dividend or something to celebrate Nifty's success, but I personally believe CYM will target rapid expansion.

    Nifty producing ~50ktpa
    Maroochydore producing 20ktpa and x cobalt.
    Nandie Well producing 20ktpa
    Hollandaire producing 10ktpa + x gold + x silver

    All up, that'll be 100ktpa of copper.

    If we assume an ASIC of $2.50lb and copper price of $3.50lb.... CYM will profit $315m AUD per year.
    If we assume an ASIC of $2.00/b and copper price of $4.50lb.... CYM will profit $787m AUD per year.
    In all likelihood, the real figure may be somewhere in between - with CYM profiting $551m AUD per year.

    Realistically, I expect Nifty to be in full production within 12-18 months.
    Maroochydore and Nandie Well could be bought online within 12-18 months of Nifty if the team are proactive and forward planning.

    In my view, CYM will be an absolute dividend machine within 5 years. In the meantime, the significant appreciation of share price will have to do.





    Last edited by Da12kl0rd: 05/12/21
 
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