Only good thing in favour of AIS right now is Copper price which stayed above 4 this quarter. Will result in much higher revenue as they are also processing higher grades. There has been talk of cost reduction and synergies in operations from Andre for last two quarters but still hasn't resulted in lower cost. One can argue every miner going through this phase however on other hand many of them get it right at least one quarter in a year. This is 6th quarter where guidance is not met.
Now lets hope next one is the one where all chips are at right places.
AIS - EW Chart, page-1724
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $193.5M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.0¢ | $258.3K | 1.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 185500 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 357448 | 3 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| AIS (ASX) Chart |