So, what could we get and what do we need to keep this baby going
1. Reverse Stock Split - this might make the share price more respectible in the minds of some investors 2. Electricity on site from the network rather than generators - this should push down the operating costs 3. Leaching system is effective - design of this could have a major impact on the effectiveness of the process 4. Only mining highest grade ore - if mining is needed at this time 5. They are squeesing a profit out of every ounce
Or, on the other hand
1. The board is awarding itself more of the company 2. They are bringing on board another player giving them a large piece of the company at a reduced price (assuming it is worth something) 3. They have stuffed it totally and it is beig put to bed again until the PM prices rise 4. A combination of the above.
All said and down it is out of our hands until we get to vote.
Maybe we should run a book on the outcome. Income from the broader market might offset losses.
I am counting down the hours hoping for a pleasant surprise.
AYN Price at posting:
0.1¢ Sentiment: None Disclosure: Held