Nice move up by YBR today on the strength of that share...

Nice move up by YBR today on the strength of that share placement at 70 cents. Closed with a s/p gain of almost 13%

Macquarie Bank stumped up $10 million to grab another 7 million shares at 70c .... Macquarie now has 14.9% of the issued capital of YBR and that smacks of a strong vote of confidence in YBR's future.

With Chris Ellison spending another $3 million to acquire an additional parcel at 70c via the placement that gives YBR an $18 million war chest to "accelerate growth initiatives"

Interesting times ahead for YBR and its shareholders methinks.