Took me a while to understand I had to scroll down within the march 2012 column, but it was well worth it ...
Can't remember ever having seen YTC giving a - rough - guideline as to future yearly copper production from Nymagee before (10-20.000 t).
That's way above the 7400 t assumed in this report: http://www.ytcresources.com/i/documents/5/11/YTC%20Hartleys%20Resources%20Book%20Feb%202012.pdf (page 2, production summary), unless YTC is counting lead/zinc credits towards the new copper number ...
edit: this report valued us at $ 0,87 while assuming 11,6 Cu Eq mlb for Nymagee; i.e. roughly 6000 tonnes / year including byproducts, unless my math is off !!! http://www.ytcresources.com/public/documents/4/11/111223%20YTC%20Resources%20(YTC)%20-%20Nymagee%20Maiden%20Resource.pdf
Also interesting parts on Tallebung (tin/tungsten): drill testing follwoing permitting in second half 2012.
My only complaint: they don't mention the fact that we own 25% of Tarango Mines, aka Australias biggest undevelloped tin resource ...
"All in all, YTC Resources has reach over a number of projects invested in different commodities and is moving from strength to strength with its lead Hera and Nymagee projects."
Nothing to add to that ... ;-)
Now where do I get the cash to buy more? Can't sell my Alkane - they are poised to run hard, too ...
YTC Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held