AYN alcyone resources ltd

quarterly released, page-20

  1. 24,765 Posts.
    Chawkey, of course the total cash costs per ounce are not given in ramp up stage because commercial production has not been declared.

    That is normal.

    For example, TRY is successfully mining gold and silver at Casposo in Argentina at a very low cash cost. The costs were of course not given in the December 2010 quarterly after a few months of ramp up.

    You can work out AYN costs for yourself by looking at the Cash flow statement. But at this early stage total costs are pretty meaningless.

 
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