See page no. 18 of this new presentation:
http://www.ytcresources.com/public/documents/4/1/228%20presentation%20NSW%20Mineral%20Exploration%20&%20Investment%20Conference%20Sydney.pdf
Decline construction to start in october 2011 !!
2 months from now we won't be an explorer any more but a soon-to-be producer
- first production Dec 2012 ! (ibid)
BFS must be kicking ass - well, how could it not with current gold prices? A forward sale of just 50% the first two years of gold production at current prices will go a long way towards financing construction of the mine and plant ... (and leave some money to buy put options on gold for an additional chunk, just to play safe).
construction to start october 2011
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
