I hope they dont slow down too much, if they have enough cash for 2 years they should just keep ploughing on, the market will have recovered by then
I like the bit where he says that they will have easier access to staff/consultants now, this is the time where the weaker juniors will be forced to consolidate
Here is a question I have, hopefully not an issue for Tyhee but in the near term, I will not be buying any more shares in companies at the Tyhee/Kimber stage of development. Looking at some juniors that have started producing this year, they are being valued at $30/$40m now but have replacement costs of in excess of $100m, this seems like a no brainer for me and I am focusing my efforts in such companies. Compare that to Tyhee that is worth $20m but still has to spend $100m to go into production? which makes a better investment for a potential investor?