AYN only need approx 15% to get into full production. They are doing a reduction of cut off as we speak which will dramatically change the JORC resource and final reserves.Thats without past 12mths results. Approx 56 mil ounces was announced a few years back by macmin. AYN has already found several more good grade deposits/extensions. Only around the corner from increasing resource. See how they compare next month.
Another note,ARD do currently have more Silver but is there a guarantee its going to be mined? Funding,price of silver in 2013/2014. AYN estimates $14 ounce costs to end product, which may reduce as the mine progresses IMO. If Silver happened to hover around $25/ounce in 18mths - 2yrs would ARD get the funding? Would it be viable compared to an AYN who could be getting an end product for around $10-$12/ounce? Many more scenarios and I believe there is great potential for ARD so I might get in later in the year,but there are a few things to way up.
My opinion of course.
Scorp
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.26M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.3¢ | $53.77K | 2.257M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 2535204 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 679965 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 2355204 | 0.023 |
16 | 4213249 | 0.022 |
13 | 3034883 | 0.021 |
14 | 2342100 | 0.020 |
7 | 1952635 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 679965 | 2 |
0.025 | 625002 | 2 |
0.026 | 1418200 | 8 |
0.027 | 3501603 | 11 |
0.028 | 2912858 | 6 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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