AIS 6.67% 21.0¢ aeris resources limited

Ann: TORRENS EXPLORATION PROJECT - DRILLING UPDATE, page-78

  1. 837 Posts.
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    AIS will have to raise capital soon. Production has been trending lower each quarter and costs rising.
    They've also been pumping major money into Tritton exploration because the mine is becoming less commercial with falling ore grades. Only thing that can rescue them is if Cu prices rose above US$3.50

 
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