re: Ann: Twin Hills Operations and Production...
Am I missing something .Is there a problem at AYN. Yesterdays announcement IMO was a doozie .We will be producing at a rate of 2.0million oz pa by end of May,Price of silver is set to soar again with gold,We have a very robust orebody with high grades,costs are at about $15 per oz and we should therefore have free cash flow of $30 million over the next 12 months. We have hedged 50% of this years silver production and the rest is available to be sold into a rising silver price. Can anyone tell me why the sp did not rise today.
AYN Price at posting:
5.3¢ Sentiment: LT Buy Disclosure: Held