Ann: AERIS SECURES REFINANCING OF FACILITIES, page-12

I agree.

Today Andre was his clearest on strategy and tactics that at anytime over the last 5 years. It was music to my ears to hear that even Jaguar may remain shut for another 5 years and the gold tenements sold off if drilling finds anything significant.

I reckon Andre has been read the riot act by Soul Patt's on cash generation. They want the price up and that will only happen if Aeris generates huge free cash flow which is after capex cash flow.

Based on what Andre presented and said I reckon the cash is about to pour in especially with Murrawombie filling the Tritton Mill and the cost benefit of a couple of years of open pit mining at Constellation and its considerable gold credits.

Roll on Q4 Ft'25 and a full FY'26

Cheers........D