AYN 0.00% 0.1¢ alcyone resources ltd

a bit of hope for alcyone yet, page-2

  1. 2,164 Posts.
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    For the past two years AYN has been a leveraged PoS play.

    The fact that they've had no end of issues getting it out of the ground over the time PoS is lower might actually be a blessing in disguise, if the ramp up to full production happens at the same time as the PoS goes exponential we could be in for a perfect storm.

    I know there are skeptics, I myself am not confident, but if the cost of production can be brought down to $15/oz then put your own numbers into this equation to get your target price:

    (PoS - $15)*1.2M oz/yr * P/E divided by 7B shares for the heads.

    Subtract 1c to get a target for the AYNOA options. We've still got 17 1/2 months before they expire.

    At two cents, both AYN at .2c and AYNOA at .1c will be ten baggers. Every tick up beyond that is a bag for AYNOA and every two ticks above 2c is a bag for AYN.

    I hold both, at a 6:1 ratio heavier in the options, because at .001 I thought it was just too juicy to pass up.
 
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Currently unlisted public company.

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