AIS 7.27% 29.5¢ aeris resources limited

AIS - EW Chart, page-10

  1. 6,091 Posts.
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    Thanks B.

    What attracted me fundamentally was how cheap they got Cracow for. The FA fair value on my NAV says Cracow was worth 6c per share without any growth premium (my FA post here somewhere 4 or so months ago).

    SP was 2.9c when I bought in big and sold some to an average of 1.1c on the previous 5th wave.

    NAV on both assets pre-premium in 9c but depends on the drill results coming soon to calc the growth premium. So waiting on the new JORC the calculate that...

    Hoping the FA value sets AIS around 13c if Cracow Au and Tritton Cu comes up with the goods.
 
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Last trade - 16.10pm 29/04/2024 (20 minute delay) ?
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