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0.00% 0.1¢ alcyone resources ltd

Someone tell me if I'm wrong,1,312,733,155 shares on issue$41.00...

  1. gicco1
    50 Posts.
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    11/04/11
    14:39
    Post #: 8247257
    Someone tell me if I'm wrong,

    1,312,733,155 shares on issue
    $41.00 oz silver price, take out $14.00oz to mine = $27.00oz
    15mil oz resource

    15mil oz x $27.00 = $405,000,000
    405mil div x 1,312,733,155 shares on issue = SP .30

    Is that correct?
    AYN Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

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