AYN
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0.00% 0.1¢ alcyone resources ltd

And it's costing them $55k per month for the Credit Facility...

  1. jantimot
    28,822 Posts.
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    11/12/13
    15:51
    Post #: 12687489
    And it's costing them $55k per month for the Credit Facility Agreement.

    Really difficult to see how this could be anything other than the end of AYN. An $11m market cap company borrowing up to $29m?

    Even if the crusher is working at nameplate, they don't know what the cash costs will be until the LPs have been running for a while and they can see how the crusher has affected recoveries.
    AYN Price at posting: 0.2¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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