AYN 0.00% 0.1¢ alcyone resources ltd

Surely at $30 silver this company is viable, esp as they are...

  1. 4,510 Posts.
    Surely at $30 silver this company is viable, esp as they are talking about $15 costs.

    What is it exactly I am missing? Why is everyone so bearish, notwithstanding all the mucking around from the mgmt of this company.

    They should have raised the money when the market was rolling along, not having a slump. That was their big mistake. They could have raised money in a heartbeat at 7-8 cents when the share price was 12-13. That was a poor effort in my opinion. Now they are having to face the music at 3.8 cents.
 
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Currently unlisted public company.

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