AIS 2.27% 22.5¢ aeris resources limited

Ann: Q4 RESULTS AND COMPANY UPDATE PRESENTATION, page-6

  1. 801 Posts.
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    The problem is, AIS is f*cked whichever way they move.

    I think the game plan must be to use any free cash flow from operations to building up a war chest so as to not have to draw down on this facility and extinguishing this facility asap..... Essentially use it as an insurance policy. Even if we don't drawn down and repay asap it'll still be a ~$8m exercise.

    It is what it is.... all eyes now on Au and Cu Prices.
 
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