If Tyhee Had $25 million To Spend Would It Be On Exploration Or Going Into Production?

It would cost another $25 million to fine one million ounces of gold at Tyhee's rate of $25/ ounce spent on exploration. Webb has said that the effect on the market cap could be $50 million to $100 million. That would all be equity. The same amount of equity might support $100 million in debt if Tyhee were going into production where the effect on the market cap could be $100 million or more.

What do you think Tyhee's accountants or engineers might recommend?

What would this Forum recommend?

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