CYM 6.06% 3.1¢ cyprium metals limited

why CYM is a Billion $ company in the making, page-1184

  1. 315 Posts.
    lightbulb Created with Sketch. 521
    Thanks for looking into the history of Finders financing. I just took a look at their finances for that quarter; $7.9m.

    CYM has a total of ~$20m currently. But I also have to wonder if CYM's current assets could be used to help secure such a loan? $100m for the concentrator and other assets might eliminate the need, or at least minimise, any sort of raise.

    Alternatively, as Barry has also briefly mentioned, their could be an advanced off-take payment or something similar.

    Either way, we'll just have to wait and see.
 
watchlist Created with Sketch. Add CYM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.