AYN 0.00% 0.1¢ alcyone resources ltd

Ideas welcomed for funding debt, page-2

  1. 28,822 Posts.
    lightbulb Created with Sketch. 48
    Why do that?

    Why not raise, say, $5m from existing shareholders and put in an offer for the assets of $500k leaving you $4.5m for working capital?

    Have a look at SXG's 5/9/14 announcement where they acquired CCU's assets for $375k. More silver of better grades than AYN too.
 
watchlist Created with Sketch. Add AYN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.