AYN 0.00% 0.1¢ alcyone resources ltd

Seems AYN did most of the production improvements last year,...

  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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Currently unlisted public company.

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