CYM – Cyprium Metals

Date:


Hi peeps,

To all the gold bugs out there take a look at ARX, about 1,100 m shares on issue, @ price of 6-7cents gives a mkt cap of between $66m – $77m,

Set to produce 70,000oz'z Au @ cash cost of under $200 us an oz = a $300us/oz + margin

Assume Margin is only $300 us @ 0.75 USD/AUD = AUD margin of $400, using a conservative long term price of $700 AUD for Au,

Expected Cashflow = 70,000 oz's Au @ $400 oz = $28m AUD

Not bad for a Company with a mkt cap of $66m – $77m

Also…

Read more



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Shop all the best Amazon Prime Day tech deals today – USA Today

Shop all the best Amazon Prime Day tech...

Airline Travel Mostly Unchanged YoY

by Calculated Risk on 7/09/2025 01:22:00 PM This data...

Rate Cut this year would “likely be appropriate”

by Calculated Risk on 7/09/2025 02:00:00 PM Different views...

Boston connections on US roster for World Junior Summer Showcase

USA Hockey announced its roster for the World...