silver price under threat, page-9

MMN's plan was always always to sell silver as powder not silver bars.
Their cotention was that htere was more money in the powder rather than sending away the product for refining into bars.
So after the production improvements they ended up sending the product away for refining into bars anyway.
That says to me they had and AYN have significant problems with the process which may or may not be overcome.
I believe they cannot make money at these silver pricescertainly not for silver powder which they have never produced and not for refined silver in bars which incurs extra production costs.
If they can surmount their problems they may only lose a little money per oz, but relaistically the silver price needs to go a lot lot higher and they need to address the process issues before I will share any degree of optimism for their future prospects.
I remain unconvinced without any concrete evidence to the contrary