Exactly.
@Bunn-Wackett maybe it's time you sold your shares after holding for 5minutes?
Go and do some research.
Here is SF2THs post
https://hotcopper.com.au/posts/51260306/single
Completely outdated. No mention of heap leach and assumed it would go through the concentrator at Nifty and would not be a heap leach operation..
By his calculations, running Nifty copper through the concentrator at a $1 profit margin (assumes asic of $3 and copper price $4/lb), expected a higher asic from MLX which he said was $2.50. CYM would make nearly 70m annualized profit on a concentrator operation.
Copper price now on its way to $5,
ASIC is now around $1.90 give or take 10c.
With the inclusion of Baz saying at this point in time there is nothing he foresees that will change this at the moment.
Do the math. Huge upside.
- Forums
- ASX - By Stock
- CYM
- why CYM is a Billion $ company in the making
why CYM is a Billion $ company in the making, page-195
-
-
- There are more pages in this discussion • 2,911 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CYM (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.25M |
Open | High | Low | Value | Volume |
2.9¢ | 2.9¢ | 2.8¢ | $27.63K | 985.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 3341665 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 11539 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 3341665 | 0.027 |
3 | 515398 | 0.026 |
5 | 1009201 | 0.025 |
1 | 350000 | 0.024 |
1 | 300000 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 11539 | 1 |
0.030 | 682433 | 2 |
0.031 | 153382 | 1 |
0.032 | 36615 | 2 |
0.033 | 230000 | 1 |
Last trade - 15.06pm 28/10/2024 (20 minute delay) ? |
Featured News
CYM (ASX) Chart |