YTC 0.00% 23.0¢ ytc resources limited

>>>debt and forward sale of gold. I can't see why YTC should not...

  1. 103 Posts.
    >>>debt and forward sale of gold. I can't see why YTC should not be able to do the same.

    That is not so simple. Because if there is institutional investor who wants to buy cheap lets say bellow 0.3 AUD share price then nobody will support share price from falling dowm. Only if private placement is done we can be sure that share price will stay higher PP price or move up. Equity financing here can damage all share holders hopes. I only hope that management will not follow the way of cheap equity financing but will do as You say via debt and forward sale of gold. That is the free choice of our management to do financing in favor of shareholders. By such DFS they can easy get forward sales. But thats only my hope. how it will be in reality we will see later. I will stay invested for a while because i dont know how financing deal will be finalized.
 
watchlist Created with Sketch. Add YTC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.