Naaaah not a leaky ship BUT rather the fact that with Cu at 4 $/lb and AUD 0.69 with the likelihood that this is the start of a solid copper price run, Cyprium is assured to get finance signed soon.
Once in full production 12 months after commencement of refurbishment CYM should have EBITDA of 13 cents per share.
Makes buying a share in the company today at 13 cents look like a steal.
IMO not a leaky ship just needed the copper price to recover, which it has.
why CYM is a Billion $ company in the making, page-2787
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $30.51M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.0¢ | $25.12K | 1.182M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 569999 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 1179218 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CYM (ASX) Chart |