AYN alcyone resources ltd

it was impossible to stuff it up, page-9

  1. 30,924 Posts.
    lightbulb Created with Sketch. 174
    The credit Suisse debt is repayable in silver, final delivery due July 2013, so that shouldn't be a problem now - unless the Bergen deal broke some covenants with CS.

    But if they have run out of money - and clearly they must be about to - then CS won't get their silver, if they cease operations.

    Or they could stop mining and processing ore and just run the pads for the silver already stacked. That should help s/t cash.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.