AIS 2.27% 22.5¢ aeris resources limited

Ann: Q4 RESULTS AND COMPANY UPDATE PRESENTATION, page-15

  1. 12,100 Posts.
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    The problem AIS faces is Andre's ego. He wants to build the company so that he can demand a higher salary. Starting with Cracow acquisition, the deal cost existing shareholders a fortune for an overpriced mine.
    Purchasing the old Jabiru JML assets was the most stupid deal. IGO made the mistake of taking over JML, within a short period of time IGO couldn't wait to dump it.
    It was always a disaster waiting to happen.
    Pity I didn't sell all my AIS at 70c, but that was before buying the crap SOL mines.
 
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