Cyprium Metals

Financials:

Primary ticker: ASX:CYM
Stage of development: Development
Primary minerals: Copper
Project to promote: Nifty Copper Project
Project location: Western Australia
Website: cypriummetals.com
Corporate presentation: Click here
Corporate video: Click here

Cyprium Metals Limited (ASX: CYM) is an ASX listed company with copper projects in Australia. The Company has a highly credentialed management team that is experienced in successfully developing heap leach copper projects in challenging locations. The Company’s strategy is to acquire, develop and operate mineral resource projects in Australia which are optimised by innovative processing solutions to produce copper metal on-site to maximise value.

The Company has projects in the Murchison and Paterson regions of Western Australia, that is host to a number of base metals deposits with copper and gold mineralisation. The Company is financing and refurbishing the Nifty Copper Project in 2022 with copper metal production in second half 2023.

Cash: AUD$15M
Debt: AUD$36M

Major shareholders:
HSBC Custody Nominees – 16.01%
Citicorp Nominees – 5.10%
PRCM Nominees – 4.17%
Management Ownership – 5%

Management Profile

Barry Cahill – Executive Director
Barry Cahill is a mining engineer with over 30 years’ experience in exploration, operational mining and management. In particular his experience covers management of project development and construction from exploration drilling through project funding, commissioning and development.

What is your rationale for taking part in 121 Mining Investment?

Equity investors and financiers

What recent news would you like to highlight to investors attending?

Release of the Nifty Copper Project Restart Study

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Finance the Nifty Copper Project

6 Months:
Refurbishment of the Nifty Copper Project

12 Months:
Copper cathode production from the Nifty Copper Project

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Project finance in a negative market sentiment is overcome by the outstanding financial metrics of the Nifty Copper Project. The project refurbishment risk is overcome by our experienced management team who been there and done it before.

What do you think makes your company such a compelling investment?

Only new near term copper producer in Western Australia as well as producing 99.99% pure copper cathode.

What are the top 3 key investor takeaways?

We will be a producer
Short to near term production strategy
Three significant projects with +1.6M tonnes of copper