YTC 0.00% 23.0¢ ytc resources limited

is there any hope?, page-8

  1. 1,284 Posts.
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    Ok i took the plunge @ 21c today...

    Hera:
    3A application decision imminent
    Financing imminent
    DHEM working
    etc

    Corporate
    $15m in cash
    Directors excercise oppies @ 25c

    Nymagee:
    Exploration looking the goods

    S/holders:
    Yunnan
    Glencore (made stacks on the CSA mine so know the area well)

    Mining life cycle:
    Transitioning from explorer to producer

    I will eat my hat if this thing is worth 21c. Market is obsessing over the capex @ $73m, which is a big number at approx 1x market cap. But with cash @ $15m and glencore/yunnan as holders, surely financing will be reasonable.
 
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