Yesterday AYN released to the ASX its "Investor Presentation - Mines and Money Conference" titled "Production, Exploration, Growth."
Nice presentation.
It gave me a warm, glowing feeling to see coloured photos of a "Silver pour" and "Silver bullion" bars.
As an investor, what I wanted to find in the presentation was important stuff such as:
1. How much silver was produced in January and February?
2. Will silver production this quarter increase from the 109,000 ounces produced in the December quarter?
3. As AYN had $1.7 million cash at 31st. December and total expenses were millions more than income from silver production that quarter, what is AYN's current cash position?
I looked through the presentation. I didn't find the answers. Must have missed them.
I couldn't help noticing the presentation indicated that Twin Hills has a 5 years mine life at about 1.5 million ounces silver production per year.
Were we provided information last year that production was going to be 1.5 million ounces to 2 million ounces a year?
AYN Price at posting:
4.8¢ Sentiment: None Disclosure: Not Held