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3.3¢ cyprium metals limited

why CYM is a Billion $ company in the making, page-2080

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55 Posts.

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17/08/22

18:43

Post #: 63173805
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Originally posted by Bison8: ↑

Restart study US$9,000/t Cu or US$4.08/Lb at AUD/US $0.75 or AUD$1.33 = AUD$5.44/Lb

Currently on today's price Cu US$3.59/Lb at AUD/US$0.697 or AUD$1.433 = AUD$5.14/Lb

I doubt that it will be tough till Cu trades over $9,000/t. That's not the issue here.

The market is in "I don't have a clue what is happening currently" and hence sitting on the sidelines. Some experts say the recession will get worse. Others say the real recession is next year in 2023. Others are bullish and think now is buying time. China just reduced interest rates while the FED is looking to increase by 50 basis points. If the FED plays their cards correctly could even see the US hit the ground running avoiding any nasty recession.

Nifty is still almost as profitable today as it was in March with AUD30c/Lb difference in revenue.
The issue here is Barry's inability to lock in the finance. Just need the finance secured.

Expand

I do not know what the finance hold up issue is,
but I do know PATIENT buyers usually get the better deal and impatient buyers usually pay too much.
I am hoping Barry is in for getting the best deal.

CYM Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.3¢		Change 0.003(10.0%)		Mkt cap ! $50.35M

Open	High	Low	Value	Volume
3.0¢	3.3¢	3.0¢	$25.16K	794.0K

Buyers (Bids)

No.	Vol.	Price($)
1	23552	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	235233	1

View Market Depth

No.	Vol.	Price($)
1	23552	0.032
2	70468	0.031
3	334550	0.030
4	959462	0.029
9	1162247	0.028

Price($)	Vol.	No.
0.033	235233	1
0.034	350000	2
0.035	450620	3
0.036	350000	1
0.037	488558	2

Last trade - 16.10pm 15/10/2024 (20 minute delay)

CYM (ASX) Chart

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