Yeah I think it's a hold at best if your bullish on the silver...

Yeah I think it's a hold at best if your bullish on the silver price as if it heads south i.e $25oz AUD- AYN will only have 2-3yrs of production in place without more exploration success...

Cash 1.3mill --planned exploration spend - 3mill + Admin 1mill+

• Accumulating war-chest to fund next chapter of growth ?????

how are they accumulating a war chest they lost money last Qtr ?

AYN is valued at 86mill thats a very good value for a high-risk play in the silver sector...

--overall the presentation reminded me of a few other jnr Gold plays presentation that are no longer round big Big talk without any solid number to back it up if they do make good profit next Qtr different story..