re: ** 400,000 ozs. gold/year ** If you have a look at an open briefing with TYC's Managing Director, David Moore, you can see where TYC are aiming to go down the track with their massive resources.
They are looking at producing 200,000 tonnes of copper and 400,000 ounces of gold in one year.
Work it out. That's production approacing one billion dollars in a year. This was released to the ASX on 21st. September last year.
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Can't remain a $50 million cap. company for too much longer with a massive resource base that may allow that sort of annual production.
TYC
tethyan copper company limited
