AIS 2.17% 22.5¢ aeris resources limited

SIGNIFICANT DROP, page-51

  1. 1,862 Posts.
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    StarPlus
    You are correct, it is risky. If the gold mine doesn't perform as expected, shareholders will likely suffer big loses. As always, debt equals danger, and AIS will have $60 million debt. However, as I said before, AIS had no choice and they had to take the plunge. The purchase of Cracow makes sense. Let's just agree that it is a risky strategy. Time will tell if it works out......I believe it will....
 
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