What a stunning performance over the past 2 weeks reaching US$253/lb. At these levels AIS, then Straits was trading at $0.15 to $0.18 based on post reconstruction/consolidation of share capital. An investor report would surely jolt this sleeping giant into a sensible price that reflects its standing as the 4th biggest Cu producer in the country. As the company has previously mentioned a joint venture/partnership with a company of significant strength (suggest of the ilk of OZL) could be a feasible option to further develop adjoining mining sites. At the current copper price, regardless this ripe to fly - AIS has a sound Cu production figure of 28,000t per annum.
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