AYN 0.00% 0.1¢ alcyone resources ltd

valuations, page-27

  1. 2,882 Posts.
    The benefit of investing in AYN is:

    1 silver going up
    2 AYN is a producer with 100,000 ounces of silver and more sitting there...that's $4,000,000 on today's US dollars.
    3 With more being mined.

    The early silver production currently being generated from the existing silver advantage of the continuing strength of the silver price generate an early cash flow.
    Construction Update The Twin Hills processing plant is currently with wet commissioning expected to commence shortly.
    The Company has over 200,000 tonnes of ore on the Run commissioning and commencement of the ramp is already exposed within the open cut ready for extraction as the ramp up process is Alcyone Resources? Managing Director, Andrew King, said he was pleased with the progress being achieved on site, with the commissioning of the bullion circuit marking another important step towards achieving full silver production.
    ?Construction has entered its final phase and we are on track to commence wet commissioning of the processing facility shortly,? Mr King said. ?The earth moving fleet is on site and being readied for commencement of full scale mining operations. The next two months will be very busy as we start extracting and processing open pit ore and ramp up all aspects of the operation."

    Newminer1000.
 
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Currently unlisted public company.

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