YTC 0.00% 23.0¢ ytc resources limited

Ann: Significant New Copper Intercept at Nymagee , page-20

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  1. 1,239 Posts.
    re: Ann: Significant New Copper Intercept at ... I just re-read the fine print of the broker report, and what did I find on the second-last page?
    Not only did they assume a 50% financing via capital raising for Hera, they also (despite acknowledging in the text that Nymagee will be paid for via cashflow from Hera*) assumed a CR for Nymagee, putting us at 450 mio shares - that's almost double the current share count ...

    *a possible alternative would be to truck the open pit ore from Nymagee to Glencore's CSA mine for toll treatment. Instant cash flow with minimal investment ...

 
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