You are correct, few explorers make it to production. This is a key reason why I am invested in CYM. We have effectively skipped the 7 early higher risk years and will be plating copper in under 18 months. No investment is without risk, but this places CYM in a lower risk category for me. I also rate the management. I'd rather be invested in a company with an circa EV of $70m that is 18 months from production than one that is 7 years.But you are correct that there is still risk. GLTAH
You are correct, few explorers make it to production. This is a...
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $30.51M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $27.40K | 1.370M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1281456 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 1396054 | 4 |
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| Last trade - 15.55pm 18/11/2024 (20 minute delay) ? |
| CYM (ASX) Chart |