AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Corporate Update , page-4

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  1. 2,352 Posts.
    lightbulb Created with Sketch. 29
    Looks like management are getting desperate to protect their share price.Why?
    CR coming is my guess as they are burning cash too quickly and still not producing enough silver to cover loan repayment and operating let alone exploration.
    The further exploration noted in the presontation cannot proceed without a CR IMHO.
    DYOR I could be wrong but 5 cents or lower for the sp is looming large at the moment and no sign in a recovery in the Ag price real soon.
 
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