YTC 0.00% 23.0¢ ytc resources limited

mtm100:1) By the time these other assets come anywhere near...

  1. 192 Posts.
    mtm100:

    1) By the time these other assets come anywhere near financing Glencore will own a large chunk of our company as a result of the recent deal. Glencore will be driving a lot of the decisions in YTC.

    2) If these other assets ever get to a point of finance negotiations I would very much hope that management will secure the best deal (just like they did for Hera and Nymagee) rather than sell to YT at any cost for the sake of a 'happy family'.

    3) Whether or not YT are in for the long run will become apparent before too long. My bets are on them pulling the plug and move on.
 
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