hera and nymagee updates, page-5

Hi lecram,

If YTC produces on the basis of figures provided to market, I think a valuation of at least four times its current market capitalisation would be conservative.

If current pricing of commodities is applied, it would potentially be double that.

If Nymagee ore was added, bolstering the project economics, I'm not sure of the valuation. It will be guided by fairly detailed technical and financial work by the company.

Anyway, I don't want to ramp. Time will tell all.