re: Ann: ANW: AusNiCo Secures a 19.99% Releva... I think the fact that YTC sold off its interests in the New England tin tenements in October 2010 to Taronga is evidence enough that this was not an area of focus for the company. Management did a deal that they thought was reasonable given priorities, market conditions, bandwidth and $$$$. I dont think there should be too much analysis on this. YTC has some upside in those tin tenements and hopefully ANW has a plan to develop it but I would not be holding my breath for any big $$ from this. There are other pure tin plays out there that have a lot more promise if that is where your interests lie.
Doradilla is another one ...... didnt cost a lot to secure 100% of the project which makes sense....its always easier to sell or divest something that you own 100% of than something you only own a majority of ..... In any case, the focus is on Hera and Nymagee as it should be....let not waste too much time on Taronga and Doradilla.
YTC Price at posting:
23.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)