AIS 7.50% 18.5¢ aeris resources limited

Ann: FY23 GUIDANCE, page-17

  1. 180 Posts.
    lightbulb Created with Sketch. 45
    No surprises to me on the revised guidance. I would say the market was already onto it, which is why we have been stuck at these prices for a while. The market is generally one step ahead of these things.

    Doesn't the revised guidance for FY23 EBITDA of $140-$170 million equate to a profit similar to what we saw in the 2021 FY results of $61 million even if the price of gold, copper, etc stay at these levels?

    Can the AIS stock price go lower from here? The short term answer is yes as this is what the chart is probably suggesting... but I think the future of AIS looks rather promising. The AIS glass is only half full for me at the moment smile.png
 
watchlist Created with Sketch. Add AIS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.