AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Cyanide Facility Completed , page-5

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  1. 28,822 Posts.
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    The cyanide facility will reduce the cost per ounce by $1.

    The company describes this $1/oz reduction as "critical" in achieving a C1 cost of $15.42/oz.

    Production cash costs for the last four quarters (from the quarterly cash flow reports) were

    Sept: $24.2
    Dec: $28.34
    March: $48.33
    Jun: 38.21

    So at best AYN needs another eight steps as "critical" as the cyanide facility.
 
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