AIS 2.86% 18.0¢ aeris resources limited

Dont be so sure.I didnt think the Q was that bad, but obviously...

  1. 4,130 Posts.
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    Dont be so sure.
    I didnt think the Q was that bad, but obviously some funds had enough and bailed. The big transfer after hours was clearly orchestrated at 32c.

    The biggest bleed In the Q was Tritton. Overall AIS lost $23.7M ($11.7m -$35m) of which Tritton contributed the lion's share. Higher grades should start flow already which can turn things around ASAP.

    Compared to 29M SepQ:
    Cu-eq 19.8kts. 14.2kts
    AISC: A$4.91/lb. A$4.72/lb
    Net cash A$45m. A$51.8m
    Mcap A$890m. A$220m

    Still holding......

 
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