yeah I’m aware that it’s a high risk strategy due to rising costs at the moment, my preference is to aim for companies that have the potential to make multiples on my investment and aim to have several irons in the fire. Then even if only one pays off I’m still ahead.
I used to target explorers more but in the last 18 months or so I’ve taken more of a preference to companies with a proven resource as it is much easier for me to come up with a potential future value.
I’m only 31 so there are a few years yet before I need to start substantially scaling back on risk. I am also not investing on a large scale compared to many others and plan to buy no more than 50-100k cym shares
LTR I have held for a few years and while their projected costs have risen substantially it isn’t solely due to shortages and price rises, they are also planning to spend more initially to allow them to quickly and cheaply scale up plant throughput a few years into mining (2026 off the top of my head)
- Forums
- ASX - By Stock
- CYM
- Peer comparison
Peer comparison, page-24
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CYM (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.8¢ |
Change
-0.002(6.67%) |
Mkt cap ! $42.72M |
Open | High | Low | Value | Volume |
2.9¢ | 2.9¢ | 2.8¢ | $6.086K | 216.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 236740 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 595000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 236740 | 0.027 |
5 | 646999 | 0.026 |
7 | 1609201 | 0.025 |
3 | 508000 | 0.024 |
1 | 300000 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 595000 | 2 |
0.031 | 6976 | 1 |
0.032 | 300000 | 1 |
0.033 | 265548 | 2 |
0.034 | 1000000 | 1 |
Last trade - 14.36pm 13/09/2024 (20 minute delay) ? |
Featured News
CYM (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online