AIS 8.70% 21.0¢ aeris resources limited

Copper news, page-935

  1. 11,099 Posts.
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    Silly thing to want and expect! A Capital Raise now would be another massive own goal by Andre... therefore it cannot be out of the question with his form! However, to want to raise below 30c, dilute the registry, further sell walls from the institutions and cap the price is a silly idea and I am surprised you want that. It will be institutions who enjoy any potential raise, and they will take their profits in the weeks after. It won't be retail agreeing to be part of any raise, they need further signs of a turnaround in the business and further confidence after the disaster of the past 2-3 years.

    The best thing Andre can do now, is enjoy these buoyant Copper and Gold prices, let them continue their uptrends which are inevitable with the current geopolitical and economic issues at play. Be patient, keep costs down and pay down that ridiculous loan which will easily take place in the current rising commodity price environment.

    The commodity prices will do the talking and provide a path out of this mess, BUT Andre also has to do his part and run the business well during this period and keep costs down across the entire operations.

    No desperate crazy decisions needed right now, just good management to keep the costs down and hopefully next weeks quarterly shows signs of this taking place and the investors may pile back in and drive this back to 50c plus.
 
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