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0.1¢ alcyone resources ltd

Ann: Company Update , page-7

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132 Posts.

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16/06/14

14:44

Post #: 13529695
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Originally posted by black opal ↑

dangar

I believe the line is in which should have reduced operating costs greatly. Yet here we are in a no production holding pattern. Depending on the load on site they could be saving tens of thousands a month.

As I said before it is a big worry borrowing money to operate rather than invest in capital.

What about the other mythical beast of $17 per ounce to produce. How close are they to that. Should have money to clear and stack if they were near that price.

I am going Unicorn spotting this weekend, I will probably see one before this mob get control of the operations.

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I guessing that they are about to down down the very dusty trail, you may also see some flying pips too ...

Cheer's

AYN Price at posting: 0.1¢ Sentiment: Sell Disclosure: Held
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0 Great analysis

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