AYN alcyone resources ltd

Not as certain as the next JORC upgrade coming this November...

  1. 2,882 Posts.
    Not as certain as the next JORC upgrade coming this November that's for sure. A cap raising is speculative. No one, not even the company themselves have ruled in a cap raising at this point in time. As I said in a previous post, last time a cap raising followed a JORC announcement. I didn't mean there would be a cap raising.

    Sometimes cap raisings can be gifts to loyal holders if the discount is right. But that doesn't mean there will be an cap raising. I actually have benefited from them and am in another stock right now where the stock is now 30c above the cap raising point. It brings certainty of a further leg up.

    Newminer.
 
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