topwon its your money your call.a show on sky business channel...

topwon its your money your call.

a show on sky business channel where people ring in and ask advice on stocks.


Here is what it says from the feb update.

Man im cheesed off about what he said.. Grrrr.. Noob

Put Options secured covering a total of ~770,000oz of silver production at a strike price of A$27/oz, providing floor price protection for a portion of initial silver production while retaining exposure to the upside potential of a strong silver price

Silver Put Options
The current spot silver price is A$30/oz, although there has been significant fluctuation in the price in recent weeks. To take advantage of this recent strengthening of the silver price, Alcyone has been able to purchase Put Options at a strike price of A$27 per ounce covering approximately 770,000 ounces of silver production from the Twin Hills mine. The total cost of the Put Options was $1.5 million.The Put Options provide Alcyone with floor price protection at A$27/ounce for initial production during the start-up and commissioning phase of the Twin Hills operation while retaining significant exposure to the upside potential of a strong silver price.