Following suggestions of users from Wall Street Online, which I...

Following suggestions of users from Wall Street Online, which I had calculated too conservative or pessimistic - the trees do not grow to the sky - I was expecting again with other numbers.

Hi Ana Maria,

in the upper part of my posts had indicated

Would just simply ask as a basis for discussion in the room and am of course happy to learn and grateful for correction notes.

I was interested in various scenarios with the likely parameters present, through attribution and for the year 2011. I am myself for several months for my standards high invested and every 1/10th Cent pushes my deposit of 420, - Euro higher.
I.e. I wish also as high or even higher rates. But it brings other hand, nothing a little unrealistic to persuade. In general, understands the euphoria that I have for example read somewhere that the year-end price 2011 is achieved at 0.17 Euro.

Then you can adjust my calculation easy.

Let's go out of 875,000 oz for 2011 and we assume the above year-end price.

60.19 million : 1.3 billion shares = $ 0.0463 x 5 P/E =
$ 0.2316 = 0.17 Euro

875 000 oz at a margin of 68.7885 A $ / oz = 60,189,937 profit

I.e. we need a silver price of 82.2885 A $ / oz (13.5 $ cost + margin $ 68.7885)
----------------------------------------------------------------------------

We can also expect otherwise, as for example Marion Schlegel of market letter "The shareholder" with 1.5 million ounces for the first year, what you said yes then probably 2011th assumed a P / E of 5, they themselves

1.5 million ounces at a margin of ..... 40.1266 A $ / oz = 60.1899 million profit

60.19 million: 1.3 billion shares = $ 0.0463 x 5 P/E =
$ 0.2316 = 0.17 Euro

I.e. we need a silver price of 53.6266 A $ / oz (13.5 $ cost + margin $ 40.1266)

------------------------------------------------------------------------------

Let's hope that it will happen. I hold a silver price of $ 53.62 for the end of 2011 used to be too high. But certainly, I would have much joy with Alcyone, if only from 0.10 to 0.12 Euro cent would be achieved. We can all only guess.

Greetings

LSS