AYN 0.00% 0.1¢ alcyone resources ltd

big drop in silver price, page-18

  1. 205 Posts.
    Same price as silver was april 7th(less than a month ago). Wouldnt worry too much about price atm. We have protection below $27 for 700k ozs by way a put option.
    Studies found it viable at below $20 per oz to recommence mining.

    DYOR. Dont get too carried away with minute to minute spot price. As we have seen over the last two months the price is very volitile atm. But if you have a look at the silver thread there are some great charts and explanations on the current pullback, many suggest around $36-38 is a very healthy price atm.

 
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.