YTC ytc resources limited
Add to My Watchlist 0.00% ! 23.0¢

starting with nymagee open cut?

  1. mtm100
    1,239 Posts.
    clock Created with Sketch.
    09/03/12
    20:47
    Post #: 9819153
    I don't know if this idea of mine is completely crazy but with Glencore becoming involved I was wondering whether it would make sense to
    - start not with Hera but with the open cut at Nymagee,
    - trucking the ore to CSA for a while and
    - sharing revenue with them,
    - then using that cashflow to finance Hera.

    Would reduce the need for dilution a lot, imO. Thoughts?


    P.S. New half-year report (good timing):
    http://www.ytcresources.com/i/documents/5/8/YTC%20Half%20Year%20Report%2031%20Dec%202011%20-%20Final%20-%20Signed%20-%20With%20EY%20Reports%20-%20Lodged.pdf

    Happy to see we still got more than 20 million cash.
    YTC Price at posting: 48.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

CLA Celsius Resources Commences FEED and Feasibility Study at MCB Project Site
right-arrow Created with Sketch.
NEWS Progress in Phelan-McDermid Syndrome Program to Be Presented at PMS Global Congress
right-arrow Created with Sketch.
NUZ Liquid Formulation of NUZ-001 Developed to Improve Patient Access and Experience
right-arrow Created with Sketch.
NEWS 30,000m Diamond Drilling Commences at Napie Gold Project
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back
right-arrow Created with Sketch.
NEWS High-Grade Scandium Assays Returned at Syerston from Drilling Campaign
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
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.
Add to My Watchlist

Currently unlisted public company.

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