Good morning all,
I am happy to say that it appears the "penny has dropped" for TYX.
TYX has actually made an announcement that tells holders and potential shareholders what us going on and when (roughly).
I like this announcement.
My synopsis of this information is that assuming Eureka can make money and it seems very reasonable that is will, and in the near term, and with further potential, then this cash will be used to further develop and hopefully speed up the best of Jumbuck (Campfire Bore) and Goodsprings.
Jumbuck is obviously waiting for the WPG thing to be resolved and once it is I expect there will be a flurry of activity.
The only thing missing really is the timing of Goodsprings - not sure if this is still 10 years away or just around the corner.
Cheers!
Catweasle
Ann: Reports on Pipeline of Exploration and Development Projects, page-2
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