AYN 0.00% 0.1¢ alcyone resources ltd

jantimont, no decision can be made until total debt is...

  1. 183 Posts.
    jantimont,

    no decision can be made until total debt is announced.
    -if administrator doesn't announce this in next ASX announcement, we will need to ask
    -remember CCU erred by trying to restart mine, not by going on basic C&M, even if they were in better shape as you claim
    -we are in no hurry to restart mine at current prices
    -I assume you are aware of the raging battle between physical and paper silver/gold, which is final stages
    -when silver is $100/oz (or even less), financing/buyers will be much easier to find on much better terms than now, unless of course they flock to us first

    If it turns out the directors grossly misled us about avoiding debt at Investor Presentation October 2013, then we'll consider alternative action then.
 
watchlist Created with Sketch. Add AYN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.