Ord Min reckons the $30M cap raise isn't enough and ~$30M short to cover the Capex (i.e. Tailings Dam) and payables.
IF AIS can up production, lower costs, and increase their cash balance then that funding shortfall risk will reduce and AIS rerates.
Holding .......
Ann: DESPATCH OF RETAIL OFFER DOCUMENT, page-9
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $159.6M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $231.5K | 1.363M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 60718 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 171205 | 13 |
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| Last trade - 12.09pm 07/08/2024 (20 minute delay) ? |
| AIS (ASX) Chart |