I think it was a very clear clinical approach based on what the company has been announcing. Phase II is a nice place to be and shows the road ahead (upwards line) to phase III.
YTC have a lot of confidence in Nymagee and both it and Hera will offer a longer term play than the 7 year mine life originally planned for.
Slow investment I will admit, but once the resource sector kicks in again and they start producing, YTC will pick up.
YTC Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Held