AYN alcyone resources ltd

silver breaks above $22 overnight, page-2

  1. 539 Posts.
    Seems AYN did most of the production improvements last year, however the power grid was pushed to this quarter, as was a crusher improvement of some sort.

    Once those are done I would think sales at $24/oz AUD would be enough to produce a small operating profit, based on previous guidance.

    But your question is the proverbial $64k question. The market can't value this stock until that number is known, hence the lagging SP, IMO.

    I don't feel there is a threat of the stock going under due to the platinum funding.
 
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