$80 million backed by $25 million in cash.
CYM is currently priced at $55m for a project that's realistically 75% of the way there. We're not starting from scratch like oher would be copper miners. We're fortunate enough to have easily $250m+ of sunk capital in this project. All we need to do is finance the last 1/4. We're not 4 years out from production. But only 1.
1,269,700t of copper is currently valued at $18,640,938,911 AUD.
18,550t of cobalt is currently valued at $1,879,597,300 AUD
You've also got the gold and silver, as well as the latest couple of sets of drill results to include in a new MRE.
CYM has over $20.5 BILLION dollars of resource: in which, the cost to mine and sell that resource is less than half of that value.
So, you're currently paying $55 million for $10.5 billion dollars in steady paychecks over the next few decades. Paychecks that will equal your initial investment, or even be double or triple that down the road. Talk about set for life.
Buying at these prices and holding is like knowing the lottery numbers for next years Powerball and getting a discounted ticket.
It puzzles me how CYM isn't even priced at a fraction of it's potential 2023 $1billion+ Market cap.
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Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $54.93M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $15.41K | 427.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 415164 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.8¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 415164 | 0.036 |
4 | 1136696 | 0.035 |
7 | 1173353 | 0.034 |
6 | 2205000 | 0.033 |
3 | 306999 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 30000 | 1 |
0.039 | 472983 | 3 |
0.040 | 200 | 1 |
0.041 | 439788 | 2 |
0.042 | 1175000 | 3 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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