the way is see it

It is a move to secure financial stability for AYN, no doubt about that. But for us sh it is a problem :

Average 33.77 or so means here there is no higher price possible, it is a FIXED price. You can call it hedging but hedging should read MINIMUM price, but here again FIXED.

That leaves AYN, so far they can deliver the first up to 2m oz from the $15 deposit, with an P/E ratio at about 8-10. Currently BHP is traded at P/E at about 8-9 which means there is no real chance for us to expect an sp increase unless PoS goes far behind $ 50 and they are allowed to sell Silver BEFORE they have delivered it to CS.

Think about, suddenly CS becomes a direct purchaser from a producer. The real and only winner is CS. Either our MD is not that smart or AYN had real financial problems and had to agree to what CS has dictated.

That's why I am out, can't see any big guys paying more than 9c, rather less.