All good questions nose, unlikely to get a meaningful response from YM as it seems his only interest is YRR/GPN.
The reason YRR/GPN are where they are is that they misled the public when they floated YRR. Nowhere in their initial prospectus did they state that only a few months down the track would they be severely diluting shareholdings for a stake in an obscure U resource.
I think it is understandable that the market is wary at this stage. Of course some drilling results and subsequent JORC and eventually BFS outline would go a long way to restoring faith. At the moment simply no-one believes that they have a profitable multi billion dollar resource in their hands.
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