CY5 cygnus metals limited

Role of Silver in CY5 Asset Mix

  1. 178 Posts.
    lightbulb Created with Sketch. 41
    1) Initially silver was a rarely mentioned commodity afterthought for CY5

    2) Currently, silver is on an absolute tear.


    3) A substantial number of investors believe the silver price will continue it's astronomical ascent.
    (spend an hour down the rabbit hole of search terms such as "silver short squeeze", "silver supply", "silver shanghai vs Comex" if you require context).
    https://hotcopper.com.au/data/attachments/7590/7590567-f0922cff294eb8ecf69757b823d8ee32.jpg


    --------------------------------------------------------------------------------------------

    This thread was put together not so much to share theories on what is going on with the wider silver market, but rather to discuss the exposure Cygnus has to silver, whether or not you believe the rabbit hole predictions.

    I'm hoping topics can be discussed such as:
    - How much Silver does Cygnus have?
    - Which deposits have highest silver rates
    - At what stage in the mine plan it would high density silver dirt be dug up
    - Will silver be processed - or go to tailings in the waste stream
    - What current flow sheet includes in terms of silver processing
    - What the current mill includes to enable silver extraction
    - What Capex could be required to process silver
    - Long term customers VS spot sales
    - Impact of Silver as declared critical mineral in USA
    - etc

    Some of this info may be discernable to us mere shareholder now
    Some may require future company announcements such as the PEA to glean.

    In any case, if effective, this thread, will become a useful central resource of the silver component of the CY5 story.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.