unfortunately i think that further strong drilling results are unlikely to lift the sp unless they are absolutely stunning.
it seems the market wants to see a viable business case for a path to production and is withholding any action until then.
imo the ball is in rimas' court atm. he needs to sort out an attractive finance option to fund the mine development. i would think that the stronger gold prices (particularly in AUD) should be helping his case on several levels.
ytc have done a great job building the hera and nymagee resources. now management need to swap their geo's hat for their business exec's hat for the next phase of the company's development.
heaps of potential here with existing resources and lots of possible upside with future exploration. we need to get over the hump from cash-burning explorer to self-funded producer and the market cap will be seriously re-rated. how much share dilution occurs during this process will determine the sp upon achieving steady-state production.
c'mon rimas. i appreciate that it's a tough market for securing finance but you need to "show us the money" ...
k
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