AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Investor Briefing Sessions , page-3

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  1. 183 Posts.
    At these Investor Briefings, I eagerly await their explanation as to how AYN could be profitable at current prices, and if there is any backup plan if it isn't currently profitable.

    If there is no legitimate explanation, or they clam up like like their non-replies to emails, then I will likely:
    -not buy any new issued shares in current format, and
    -complain to ASIC to get AYN to alter their funding plan, in order to focus solely in debt elimination in short term, because debt is the only serious threat to AYN's existence.
    Everything else can be addressed later.

    My complaint to ASIC would seek to force AYN to:
    -suspend production until silver price rises sufficiently, (as it will in time, as paper scam unravels). Production suspension has been done elsewhere eg www.gata.org/node/12707
    -suspend any other debt-producing activities, such as salaries of directors and staff (retaining token skeleton staff). And even repairs/upgrades can wait.
    -reduce $ raised (dilution) to pay off debts only.

    However, for now, I will give AYN the benefit of the doubt as to how AYN production can be profitable as current silver price, and await the Investor briefing.
 
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Currently unlisted public company.

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