YTC 0.00% 23.0¢ ytc resources limited

what are your thoughts on the agm, page-2

  1. 59 Posts.
    I'm pretty confident that YTC has enough cash to survive for the next 12 months, if they are frugal, and this should see us out of the woods. Some revenue from the Watson's Creek alluvial project could begin to kick in at that stage. I agree that having "too many" projects can lead to a dangerous lack of focus; however, there are good opportunities around at the moment and these shouldn't be ignored if funding can somehow be made available for acquisitions. A big problem with YTC seems to be the size of the Sino-Australian board - 8 directors is about 4 too many - which slows the decision-making process (viz, missed chance to raise $12m just before the crisis, would be handy now). I'd like to see a JV over the gold projects - would a Newcrest or Newmont be interested, do you think? Hopefully, some stability and clarity in the tin sector will initiate a share price recovery. Good luck to all holders!
 
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