Concurred with you. I'm holding CYM for long term precisely because of those reasons that you've stated above. Just a reminder to SHs here that the initial pdn of 20 kt/yr in 2023 based on selling price @ $4/lb and AISC A$1.5/lb will yield gross income A$140m...and think what the profit will be when it ramps up to 60 kt/yr over next 5 years. And I believe that cu is the new oil due to the desired decarbonization toward a green green world and the CYM mgt team led by Garry and Barry will make this happen. Found another undervalued cu stock, GED which has hired a new CEO Jon on 1 Jun. Worth to take a look there given its low MC@$10m, cash@$3m and high grade cu discovered. GLTA.
Sophs throw $150 mill at this $20 mill MC copper play...., page-442
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Last
4.0¢ |
Change
-0.002(4.76%) |
Mkt cap ! $65.61M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.4¢ | 3.9¢ | $191.7K | 4.524M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 123499 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 750661 | 3 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| CYM (ASX) Chart |