re: Ann: Twin Hills Operations and Production... Am I missing something .Is there a problem at AYN.
Yesterdays announcement IMO was a doozie .We will be producing at a rate of 2.0million oz pa by end of May,Price of silver is set to soar again with gold,We have a very robust orebody with high grades,costs are at about $15 per oz and we should therefore have free cash flow of $30 million over the next 12 months.
We have hedged 50% of this years silver production and the rest is available to be sold into a rising silver price.
Can anyone tell me why the sp did not rise today.
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