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
- Forums
- ASX - By Stock
- YTC
- Ann: Nymagee and Hera - Evolving into a World Cla
Ann: Nymagee and Hera - Evolving into a World Cla, page-12
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add YTC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online