Takako Visible mineralisation is very different than commercial mineralisation. The release of today's announcement stinks of an attempt to pump prime the SP. The disclaimer I think is put in there to save face if the analysis proves nothing. I agree that a cap raising will clear the way. I expect a cap raising after the news of lab results or the resource upgrade. Can't say how large as they may go down the debt route as well but I would suspect 200 million of shares to raise 8-10 million. I want to buy more, however I would prefer to buy at 5 with more confidence than 4 with CR and margin questions. The other reason why the resource is important to me is I want to see a decent upgrade as AK said with current resource he expects 3 years production. The longer the mine life the more the market will like it. I am not negative, simply forcing myself to be rational.
AYN Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held