Since Torrens drilling won't start till the 3rd quarter and will be done over many months then there is little need to have the full amount required for the 70% share for drilling upfront. If the Cu price stays above US$3.15/lb then AIS has the capability of funding the Torrens exploration drilling as well as repaying the loan.
Thats one reason why AIS is a far better bet for the Torrens project.
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- Ann: ARE: Torrens Native Title Appeals Dismissed
Ann: ARE: Torrens Native Title Appeals Dismissed, page-9
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Last
17.3¢ |
Change
0.003(1.47%) |
Mkt cap ! $164.4M |
Open | High | Low | Value | Volume |
17.0¢ | 17.5¢ | 17.0¢ | $165.6K | 969.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1377177 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 367248 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1376169 | 0.170 |
14 | 1136818 | 0.165 |
30 | 1680657 | 0.160 |
10 | 640857 | 0.155 |
16 | 797569 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 417136 | 14 |
0.180 | 645812 | 14 |
0.185 | 975055 | 11 |
0.190 | 151286 | 6 |
0.195 | 115000 | 3 |
Last trade - 11.06am 30/08/2024 (20 minute delay) ? |
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AIS (ASX) Chart |