YTC 0.00% 23.0¢ ytc resources limited

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  1. 84 Posts.
    Hi trackers,I was at the Agm and I may be wrong and I'm sure someone will correct me. But I think the Hera project is the one they hope to have up and running next year.Nymagee mining will be a year after that using profits from Hera towards Mymagee.They pretty much know where the gold is and how much but with Nymagee they are still trying to ascertain how much copper there is.On the graphs they showed for copper it was small compared with the nearby big copper mines but the underlying message I got was they were expecting the resource to get bigger.That's why they will keep drilling for some time yet.Biggest cost they have is running the diesel generators on site.They are hoping to go on to mains electrics to reduce costs by two thirds.Cheers dave3107
 
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