Well done AYN management. My interpretation is they have essentially placed part of the SPP shortfall, as they said they would. And at $0.005, making those that bought at $0.002/3 fairly satisfied I would think.
"NVB's participation in Alcyone's untaken Rights Issue will provide sufficient funds for certain mine upgrading works to bring its rock crushing capacity up and construction of a power saving grid power line and a reagent mixing plant. All of these cost saving projects will be completed by end of December 2013 making it sustainable and profitable assuming no sharp drop in silver price. "
AYN Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
