CYM 0.00% 4.5¢ cyprium metals limited

Hi DST;Nice ramping ;)IMO the company may find a funding...

  1. 2,656 Posts.
    Hi DST;

    Nice ramping ;)

    IMO the company may find a funding solution to help prove gold via exploration in its exploration areas and extend Cibaliung whilst keeping the mine in care and maintenance.

    With Cibaliungs ANZ debt component and the difficulties that have been had, i can see that a prudent investor may wish to see how margins can be improved at Cibaliung.

    FWIW, i think this is the reason they are out of suspension. An agreement may be near, but more composite. You would have noticed that ANZ has shifted the debt recovery date to Jan 2010.

    In the long run it will work out, atm $55m is a hard find.

    All the best.
 
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