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 ...
YTC Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held