price upside in relations to silver price?, page-24

I'll be over the moon if it averaged a rise of .5c to 1c a week for 12mths AL. I think it will go higher than that price if it eventuated. Silver above $37.50 gives AYN a profit of 150% working on $15 costs. $33.75m profit/yr - less the usual tax costs/royalty etc. Almost 2.6c per share return. A price of 25.5c at a p/e of a moderate 10. Then add a bit more for being one of only a handfull of producers,new resource hits,media coverage and how crazy people get about it.I'm sure theres more that could add. Dont forget this calculation is using( $15/ounce costs , profits/ounce of $22.50, the lowest yearly estimated production of 1.5m ounces and a very acceptable p/e of approx 10. The way i see it, Silver above $37.50/ounce is an absolute bonus in my truly honest opinion.Play around with the above sums however you choose. The fact is,at this conservative calculation AYN is still going to be a great company with tremendous upside on many fronts.

Only my opinions, so do your own research and speak to your financial adviser.

Scorp