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Ann: Nymagee and Hera - Evolving into a World Cla, page-12

  1. 1,771 Posts.
    re: Ann: Nymagee and Hera - Evolving into a W... I heard Rimas Kairatis give a presentation at the last Proactive Investors Forum. Geological structure is similar to the CSA Mine to the north of Nymagee.

    CSA is huge, owned by Glencore.
    http://www.cmpl.com.au/

    Produces 180,000 tpa of copper concentrate.

    Rimas mentioned in the preso that if they are only size up Nymagee at a 1/3 the size of what the CSA mine is that it will be larger than Sandfire ($1 billion+ market cap).

    At $177 million dollar market cap, $31 million in the bank, 3 drill rigs going it all sounds good to me. I'm hoping it's as large as CSA in which case this will be huge.

    DYOR

 
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