we just ain't reached the tipping point, page-9

@Makwa

"In this market delays and cost overruns are the death knell for a SP."
1) The good news is that we are fully financed for hera and Nymagee without even hedging the gold. So there is no risk of further dilution, unless we screw up Hera completely, which is unlikely.

2) Our timescale seems rather conservative, if you compare it with Alkane's Tominlgey project. They hope to get it up within less than a year, and we already have started to dig. So I'm hopeful we will be on time. The only serious risk I see there is the NSW gov being slow to grant us operating licenses etc.

3) With Glencore giving technical input and the current economic situation (pricing power, as you said), I am just as hopeful we can keep costs down.

"Right now Hera only has a 7 year mine life "
Yeah, but at a closer look
- any presentation shows the drill results outside the current resource
- Hera will be topped up by Nymagee.
Of course, the trick is to get the big boys take a closer look at YTC.

Personally, what I am hoping to provide the fuel for the next run, is drill results from Federation (better gold in soil than Hera) and Cocu (5% copper equivalent of Cu and Co). If those initial indications are proven by drill results, there will by a lot of phantasy to be priced in the stock. Good drill results from Nymagee deep would be great, too, of course ...