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CPM (cost per mille) is exclusive to "impressions" - not used for clicks. That's what CPC is used for.
The info in this thread is misleading. As $2 for 1000 clicks (as stated on the site you link to) is only $0.002 per click (0.2 cents). If you have North America or European countries you should be earning minimum $0.008 CPC (Europe) to minimum $0.02 CPC (English speaking Tier 1 counties like US, CA, UK, etc).
Example: 50,000 clicks (US, UK, CA, AU, IE, NZ) to JuicyAds would pay you around $1000 vs. $100 here.
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