... because exploration, production and sales costs including...

... because exploration, production and sales costs including royalties, and whatever other types of taxes apply, won't sink just because of a lower PoS. Once too low, producers will stop selling forcing the price up.

Current wild swings are related to the big investment boys who have created an artificial investment price parallel to the existing industrial price. Almost daily 10-20% ups and downs are not the work of industry players.

At some stage this madness will end a more realistic PoS will be established according to supply and demand and not, as currently, by masterplanned manipulation.

At what level I don't know but not lower as USD / AUD 25. But if and for a longer period of time then AYN would be producing too costly.



Would be interesting to know who AYN is selling to, to a broker / middleman and/or directly to the industrial end users.