AIS 2.27% 22.5¢ aeris resources limited

Ann: QUARTERLY ACTIVITIES REPORT - DECEMBER 2021, page-102

  1. 4,064 Posts.
    lightbulb Created with Sketch. 142
    So AIS only hedged 1650 tonnes Cu for Mar'22 and for Jun'22, which is ~30% per q production with nothing hedged beyond that.

    Gold is also hedged at ~30% q production but goes out to Dec'22.

    Considering Cu grade production is expected to increase from Jun'22, and gold grades decrease over time, it appears AIS have structured their hedging perfectly.

    Holding.........plenty.

    Last edited by Eclectic_nish: 11/02/22
 
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