Australia's largest stock trading and investment forum Australia's #1 stock forum

CYM

Click for more information

9.76%

3.7¢ cyprium metals limited

I'm off to bed so can't elaborate. but they are looking get...

First 256 Last

Share
Profile

Follow
FreeflyerNZ

1,109 Posts.

1323

13/04/21

20:52

Post #: 52442256
Share

Originally posted by Sk1nman: ↑

Hey all just doing some DD on here and hoping some of the more learned posters can answer / point me in the direction were I can find some more info on the following points:

1. based on CYM operation plan for Nifty and their IP around heap leaching is there an estimate for further initial CAPEX required to refurbish / retrofit or upgrade assets to suit this plan? $300m is quite asset intensive and I know ongoing sustaining CAPEX will be built into the AISC estimates but is there an initial larger investment required to make this none profitable operation profitable again?

2. If the answer to 1 is yes how does it compare to current cash balance? Suppose I’m trying to figure out when the next CR / debt funding is on the cards prior to production?

3. I’ve read a bit on the theories why CMY can make this profitable when Metal X couldn’t (including the potential that Metal X may not have been able to raise again after operating at a loss). Are there any further views on this has people have had more time to dig?

cheers.

Expand

I'm off to bed so can't elaborate. but they are looking get funding for the 300m for Nifty in December

CYM Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 193 more messages in this thread...

First 256 Last

Add CYM (ASX) to my watchlist

(20min delay)
Last 3.7¢		Change -0.004(9.76%)		Mkt cap ! $56.41M

Open	High	Low	Value	Volume
4.1¢	4.1¢	3.7¢	$355.6K	9.255M

Buyers (Bids)

No.	Vol.	Price($)
2	250000	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	131578	1

View Market Depth

No.	Vol.	Price($)
2	250000	0.037
6	717468	0.036
7	1882607	0.035
5	818382	0.034
4	415300	0.033

Price($)	Vol.	No.
0.038	131578	1
0.039	369102	2
0.040	140820	2
0.041	502497	5
0.042	774002	5

Last trade - 16.10pm 21/05/2024 (20 minute delay)


Last 3.8¢			Change -0.004 ( 7.32 %)
Open	High		Low	Volume
4.0¢	4.1¢		3.7¢	3697533
Last updated 15.57pm 21/05/2024 ?

CYM (ASX) Chart

SPONSORED BY