this is a base case scenerio on what they know they have in the ground - PLENTY of upside exploration potential
some of the lowest production costs possible at $A360 per oz - just dig it up and sent it to CBH's plant for processing
CBH bought this land for 70 mill and sold it out of necessity (to help stay alive) for 11 mill to YTC
and the best part is a very tightly held registry, including a chinese giant (top 500 miner) and only 150 mill shares (after the cap raising) and 22 mill in the bank
happy to be in this one - I hold so please dyo research of course
YTC Price at posting:
32.0¢ Sentiment: ST Buy Disclosure: Held