AYN 0.00% 0.1¢ alcyone resources ltd

saimeseparrot I cant believe you have done a complete backflip...

  1. 238 Posts.
    saimeseparrot

    I cant believe you have done a complete backflip after trashing me and others for having concerns about previous reports.
    YOU HAVE CAREFULLY STUDIED previous reports now have you.
    People have been trying to express there concerns about about ayn for some time and people like you have been trying to dismiss their concerns and now suddenly you have re read past announcements and are preaching to us what we have been telling you for quite some time.

    As I have stated before I have some concerns about what the company does not announce , Its great to here the good news , but the bad is always a brief one liner.
    I do believe we can deliver on our foward contract but I dont think we should be selling to the open market till every last oz is delivered.
    It will be a close call.

    People praised the wise management for hedging , but at what cost ? All the great drill results and the assets fall into the hands of the bankers if we dont deliver.
    mmmmmmmmmmm wise alright.
    Is it wise to foward sell , putting up your assets , when you cant even demonstrate you can produce the stuff yet.

    "oh its just teething problems she'll be right the leech pads are stacked" jolly good have a cuppa tea then
    Well obviously managment didnt count on teething problems because they promised the best part of 800 000 oz to a bank that is now salivating at the promising drill results.

    I will stand fast and hold on to my stake, but I am not that impressed with the decisions of the board or the lack of information shared with shareholders.

    They need to forget the wheeling and dealing and concentrate on what they know best MINING.

    If the POS crashes we will go broke plain and simple.
    If it skyrockets we will make money.
    6 months of hedging wont make a difference either way.
    It just exposes all the assets to the Banksters.

    Im holding , oh and the rain has stopped thats gotta help.






 
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.