The bottom line is Tritton costs $68m to run, sustain, and develop. So at the current copper price ~$11.5k/t, AIS needs to produce >5900 oz to break-even. As the Copper price goes up ($12.5k/t) less ozs is req'd (~5440 oz) cover. Cost management will also help but production is key.
The market is looking for a sustain increase in copper production before re-rating AIS.
Holding.....plenty.
AIS - EW Chart, page-1494
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $174.1M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.5¢ | $213.4K | 1.185M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24856 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 106134 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AIS (ASX) Chart |