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"Would be surprised if they don't run Hera and Nymagee (surface)...

  1. mtm100
    1,239 Posts.
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    27/09/11
    19:15
    Post #: 9018578
    "Would be surprised if they don't run Hera and Nymagee (surface) together from the beginning."
    Would require higher capex at the beginning and therefore more dilution. I personally prefer them to start with HERA only and then pay the Nymagee open pit from HERA cashflow, unless they can finance both via loans ...

    And if you want to know why the SP came down, look at prices for gold and copper ...
    YTC Price at posting: 43.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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