AYN 0.00% 0.1¢ alcyone resources ltd

AYN problem is that the margin between production costs and what...

  1. 24 Posts.
    AYN problem is that the margin between production costs and what the perth mint pays for Dore about $22.00 at present is just too low, Australia is a very high cost country for small miners. We need a Silver price above about $35.00 to to stay viable. I know some has been forword sold but not at a high enough price to keep us in operation.
    Hopefully things will pan out OK but not looking good,Ive not followed the good DRs advice yet and sold.

    In hope Wontok.
 
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Currently unlisted public company.

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