AYN 0.00% 0.1¢ alcyone resources ltd

Well I think I know it better than you for one AYN has a...

  1. 6,287 Posts.
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    Well I think I know it better than you for one AYN has a marketcap of 86mill
    and I don't think the marketcap will head north 21mill for every $1 move in the silver price as first AYN have got to return a positive earnings in their next Qtr report otherwise their 1.3mill+500k loan at the bank not going to last long is it.

    Also when it comes to resource size so much comes down to grades the lower the grades the higher the silver price must be sub 50g/t is going need $35+ silver price....to make a dollar and even then, once you take out Admin/exploration etc costs even higher silver price will be needed for AYN to actually start to build cash at the bank.

    AYN have current mine life of 4-5yrs unless silver heads much higher their not going have much to show for the mining 4-5yrs from here..
 
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Currently unlisted public company.

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