Hi Stoops - you have zeroed in on the elephant in the room for AYN holders.
I've been waiting for mgmt to release production costs ever since the first pour announcement back in Sept qtr 2011. Alas, despite numerous opportunities to provide details on production costs in quarterly reports and production updates, no information on these costs has been forthcoming.
I was a holder but sold out. I'm keen on POS and AYN did look like the pick of bunch of Aussie silver producers; pure silver play, producing now, (est) low production costs.
However the lack of information on production costs is, imo, disconcerting. If they are good why not update the market with them evry time your provide an update on silver poured?
Remaining on the sidelines until there is clarity about AYN's net margin.
AYN Price at posting:
5.0¢ Sentiment: None Disclosure: Not Held