AYN
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0.00% 0.1¢ alcyone resources ltd

It went into administration because it couldn't pay its debts....

  1. Llama8
    239 Posts.
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    19/11/09
    15:13
    Post #: 5936401
    It went into administration because it couldn't pay its debts. It now has net cash.
    Market cap is modest given $15m is represented by hard assets which ascribes a very modest value to the resource particular if Ag rises towards a historical long-term Au/Ag ratio of 30:1.
    AYN Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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