"Good that we have some forward sales in place for this year".
Alcyone Resources’ Managing Director, Andrew King, said the pre-paid silver and forward transaction provides a solid floor to the Company's first 12 months of operation, thus underpinning Alcyone's solid operating margin while still delivering significant leverage to the silver price in the future.
With production now ramping up at Twin Hills, we have been assessing a number of new opportunities in the silver and base metals space, and we want to be appropriately positioned to capitalise on any opportunities that emerge,” he added.
kind regards, fast41
AYN Price at posting:
4.4¢ Sentiment: LT Buy Disclosure: Held