AIS 8.89% 24.5¢ aeris resources limited

Ann: QUARTERLY ACITIVITIES REPORT MARCH 2022, page-21

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  1. 6,315 Posts.
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    I must admit Cracow is concerning in this report. I have not seen Cracow production this low ever. Will try to listen at 1:00 today before I reserve judgement. This balancing act of longevity by processing low grade overburden and remnant breccia zones has gone on long enough. This is hard on equipment and will cost us more on repairs the longer we do it. There is perfectly good stuff at Roses Pride, Golden Plateau and Klondyke Royal that can be accessed real quick to increase ounces in production. Is this a sequencing issue? Did we mess up on the grading? If so do we need more infill drilling beforehand?

    I'm here long term regardless and will support AIS in sickness and in health. But these issues are what we should be concerned about not the SP which is a wholesale mess on the ASX today.
 
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