AIS 2.94% 16.5¢ aeris resources limited

Ann: EXCEPTIONAL COPPER ASSAYS FROM RC DRILLING AT CONSTELLATION, page-31

  1. 6,224 Posts.
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    Lets not forget the company is making huge free-cash profits already from the Triton Mine and this is going to grow significantly this quareter and next as the copper hedge positions close-out. Livewire had then on a PE of only around 3, compared to copper peers with PE's of 10 or more. And now we have the Constellation deposit which looks like another mine in the making not that far from Triton. Insto's and funds will be taking a close look at AIS. My fear is one of the big whales will sooner or later make a takeover bid
 
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