AIS 2.17% 22.5¢ aeris resources limited

Ann: CORPORATE UPDATE AND FY24 GUIDANCE, page-127

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  1. 10,767 Posts.
    lightbulb Created with Sketch. 2258
    And then in Jun20 they purchased Cracow for $125mil(incl royalty) and in Jun22 purchased RoundOak for $234mil, so you would expect to see Fully Diluted Market Capitalisation at $398mil(39+125+234) today but sadly its only about $159mil, so the market is saying there's been a drop in the value of those assets of $239mil.
    I'm expecting that when we see the 30Sep23 figures that Debt($43mil) and Cash($14mil) will be similar to the above figures at 30Sep19.
 
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