AIS 4.26% 22.5¢ aeris resources limited

Copper news, page-589

  1. 10,470 Posts.
    lightbulb Created with Sketch. 2077
    The share price is starting to look cheap even though they're struggling to generate any positive cashflow from operations to finance growth aspirations. I suppose it depends whether you're in the camp that's expecting a capital raising during November(maybe Placement $35mil & SPP $15mil) to finance their expansion plans around Barbara, Golden Plateau, Constellation and/or Stockman which will dilute current holdings and result in more upfront share price weakness.
 
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