YTC 0.00% 23.0¢ ytc resources limited

YTC (like ALK) went down while waiting for the NSW gov to get...

  1. 1,239 Posts.
    YTC (like ALK) went down while waiting for the NSW gov to get its shit together. Since they got the permits, the market woke up to the reality that both were / are horribly undervalued.

    Once we (YTC) get news of non-dilutive financing, the SP will go through the roof imO.

    Your theory of a retracement could hold water if our management were stupid enough to do a serious CR down at these levels here. I don't believe that. Why should they? To please the analysts who don't like debt and are undervaluing us anyway? Screw them - shareholder value is what management have to take care off.

    All we need is non dilutive financing for Hera now. Anything else can later easily be paid from cashflow. We don't need positive analyst reports in the future to be successful! With gold prices around US$ 1670, it makes way more sense to do a forward sale (likely to Glencore or YTG, combined with off-take agreements and long term loans).
 
watchlist Created with Sketch. Add YTC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.