AYN
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0.00% 0.1¢ alcyone resources ltd

Happy not to see any production costs in this quarterly. It...

  1. chimera
    1,200 Posts.
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    02/02/12
    02:27
    Post #: 9631697
    Happy not to see any production costs in this quarterly. It would be a meaningless figure. Ramp-up issues look manageable and overall i get a very good impression. As the only pure silver PRODUCER in AU the company should now attract more instos. Leverage to POS even more pronounced now. As the production ramps-up and silver price continues upwards it should all come together in the next 6 months.

    Medium term hold for me provided POS doesn't tumble.
    AYN Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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