AYN 0.00% 0.1¢ alcyone resources ltd

Well done AYN management. My interpretation is they have...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 539 Posts.
    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. "



 
watchlist Created with Sketch. Add AYN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.