777: We don't have any details on what YT would have offered....

777:
We don't have any details on what YT would have offered. But simple economics make it extremely likely that Glencores bid was way better - not just re the intangibles like expert knowledge.
Why? Synergies with their existing CSA mine that is becoming les and less profitable the farther down they mine ....


@all
Personally , I think YTC is horribly undervalued. Why?

- Starting next year, Hera alone will bring in 35 mio (50'ounces times 700 op-profit). That's half our current market cap.
- A year or so later, Nymagee will add roughly the same amount/year.

-Federation prospect might add another Hera-sized deposit
- Possibility of even more copper and also cobalt just 350m north of "Nymagee North" (not sure why they haven't done more drilling there yet - for me, that would be a primary aim for drilling, considerng the rock chip results we had)
- Possibility of Nymagee extending deep (CSA analog)
- Zeus and other local prospects
- Finally there are our other gold and tin assets (one of them farmed out).

Anyways, I can wait. Once production starts, we'll trade way higher ...