YTC 0.00% 23.0¢ ytc resources limited

progress to date, page-10

  1. 6,739 Posts.
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    No way.

    MLX Have Renison, Rension Upgrade, Mt Bischoff, & Collingwood to be progressed in that order. All of which would probably be higher return on equity.

    Longer term I see a regional tie up of SRL's copper assets, Glencores CSA and YTC's assets with ore to mill's mixed and matched only run when Cu price dictates +$1.50/lb profitability. Simialrly the workforce especially U/G miners would be flexible. The holding co. could be floated off from Glencore to stand alone.

    Pretty certain Glencore see someting like this but will only act when the price is right (and we are on our knees).
 
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