ayn all in cost per once of silver?, page-5

Nice find. In the related articles, there is 'Notion VTEC Fails to Impress'. Their local analysts seem to think they're nuts.

Interesting that Alcyone will be on their books as 'available for sale financial assets'. Hopefully that doesn't mean the buy lines will be smashed with nearly a billion shares at the first sign of trouble.

Personally I don't see why they can't be turned around, especially if PoS can get to the point where it stays above AUD25. A million ounces at $10 profit makes $10M p.a. or about .2cps (4.7B shares on issue after this investment), P/E of 10 puts the options well in the money. If they all get exercised, we have 6B shares out there! Hopefully the $13M cash from the options being exercised will negate the need for a CR next year. From there, do I dare mention the D word?