AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Quarterly Activities and Cashflow Report , page-17

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  1. 28,822 Posts.
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    SP, and detailed information is one thing AYN is loathe to give out. One of the reasons I got out this time round is because they never replied to phone calls or e-mails. Big no-no in my book.

    At least the Macmin guys were approachable. They even did a mine tour for me. AYN won't.

    I also ask myself why they needed the loan in the last three weeks of the quarter as they had adequate cash without it. Why draw down $750k of borrowings when you still had $600k in the bank? No point in trying to ask the company, though ....
 
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Currently unlisted public company.

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