I hope it goes well for you. You said "its tough to debt finance...

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27/07/15

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Post #: 15696952
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Originally posted by mint500 ↑

I have also taken a small punt like twiggy. I initially baulked at the large number of shares issued in the Maldon acquisition and the potential overhang it creates ..but fair enough - its tough to debt finance in this market and imo it would add too much risk anyway.

So then did a back of envelope based on the gold pour info provided in the last qtrly and compared with all the 5B's from ORS during their time in production and the most revenue they pulled out in a qtr was around 1mil?

By my rough calcs and assuming a steady rate of production through last qtr AYC is already pouring at around double the rate of ORS - hopefully we see some cost guidance in the next quarterly but happy to be holding at these levels

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I hope it goes well for you. You said "its tough to debt finance in this market" - They just did a debt finance with Twiggy did they not? You also said "AYC is already pouring at around double the rate of ORS". AYC haven't poured anything since listing other than the last small bar from ORS. Sorry, not being a smart ass, but did I miss something you picked up on ?

AYC Price at posting: 3.4¢ Sentiment: None Disclosure: Held
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I hope it goes well for you. You said "its tough to debt finance...

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