AYC Breakout at 2.9c, page-2

welcome aboard Gassin theres some strong FA to back this one up too

Its not without its risk mind namely execution risk of actually being able to deliver what they hope to achieve which is as a stage 1 plan to produce 80kozs of Gold at an AISC of $900/Oz
To me that seems very ambitious but if they can achieve it the gross profit on such an operation = $70m at current price vs a $15m Mkt Cap so theres very large upside here but not without risk being the execution risk that they can actually deliver what they hope to


Given the gold market at present and the performance of other specs I think we should see a run towards those previous highs of 5.3c over the next week or two