I think we are on a good way. We have to see the hard facts.
1. We quadruple our country. The most of our silver deposit is in the north of our origin country. So it´s good, that we have acquise 900 km² of Navaho Gold.
2. We have a solid and conservative management. Andrew King is a man, who wouldn´t do a capital increase. Ok, we have a deceleration in our production. But want you produce with full capacity at a silver price of 30 A$ or 45 A$?
3. Our resource upgrade is fantastic. We have 21 Moz Silver and the chance up to 50 Moz on our origin country. See MMN, there we had a resource upgrade of 45 Moz. I would say, that we have an exploration chance with our new acquisation of 100 Moz Silver.
We have a current market cap of 315m A$. With each 1A$ of silver we raise with our cap market at 21m A$. This is a calculation at the current resource upgrade.
The silver price has found its floor. So I buy now. The time has comes to mines, above all silver mines.
Sincerely CSG Trader
AYN Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held