AIS 2.78% 17.5¢ aeris resources limited

Ann: Trading Halt, page-47

  1. 11,722 Posts.
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    The cash keeps us going a lot longer. That’s the positive thing! If the copper price fails to improve there will be plenty of other copper producers hit VA. Some in a lot worse positions than us which don’t have the luxury of any gold producing asset or a cash rich entity like soul in a position to keep handing out the cash. If further copper plays go belly up or into care and maintenance then it creates further pressure on an already ‘supply restricted’ environment. Imo the copper price will rebound in a big way in the next year at some point as this plays out. The cash allows us to get through this period. I would still love Andre to get the boot and for a new management team to come in and get some confidence returning though.
    Last edited by coto: 28/11/23
 
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