My understanding of what he said: * Expects NSW mining permits within 6 weeks. * Decision to invest after receipt of permits. * Hera (stage 1) to mine gold (and gold equivalents) commencing April/May this year. * Nymagee (stage 2)to commence mining minimum 12 months after commencement Hera stage 1. * YTC already identified 100K tonnes Cu (in 12 months) and desires to locate other deposits by maintaining a rigorous exploration programme over the next 10 ~ 20 years.
YTC Price at posting:
29.0¢ Sentiment: ST Buy Disclosure: Held