TYX tyranna resources limited
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Challenger Processing Plant

  1. derwyd
    300 Posts.
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    21/09/18
    20:01
    Post #: 35765012
    In my opinion ,Byrnecut will end up owning Challenger because the loan was secured.
    I think Byrnecut and Tyranna will go together into 50/50 JV to Challenger .

    This drilling program to upgrade JORC status from inferred to indicated category and increase resource it is a very smart move and show very clear what kind of plans they have for the future.
    With proper reserves they will have an advantage in the Challenger JV negotiations.
    Also Tyranna management has delayed its maiden exploratory drilling at the South Hilga prospect ,this is another good move.
    TYX Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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