AIS 1.89% 26.0¢ aeris resources limited

AIS - EW Chart, page-1132

  1. 5,036 Posts.
    lightbulb Created with Sketch. 3050
    I agree with @tully7 . I bought a lot yesterday.
    But I also bought similar numbers at an average of 16.5c and thought was excellent buying this month already— though was hoping for (14.5)- 15/15.5 c, I felt very lucky and felt I had to take opportunity to buy more AIS . And can still buy at 15.5c now.
    This company is a big holding in my overall holdings.

    A year from now and in the years ahead - Aeris going to be mining a lot more copper & with significant gold, at good grades with ongoing exploration and development upside.
    AIS have capacity at Tritton to process more ore from Constellation when it begins mining.

    AIS is a very profitable miner already now.
    They would easily earn $100 million profit but about $50 million revenue is being ploughed back in to aggressive exploration at Cobar (Tritton, Constellation, Budgerigar etal ) , and also Cracow.
    2022 profits likely to be ~ in the $60s million , conservatively, but can easily be ~ $80 million with sustained gold prices and high copper price.

    *Assay results are due following from the 9/11/21 fantastic Constellation drill results .

    And an updated Mineral resource statement? , is due?

    Andre is growing a far more substantial company into the years ahead. An excellent Ceo.
    Just can never trust that he hasn’t got a plan for an acquisition , but we can trust that whatever Management does it will be in the best interests for the company, and to ensure growth, and scale & security and substantial production into the future.
    Aeris is also very exciting for the organic growth already occurring.

    I recommend you read through the announcements & watch recent company presentations.
    Last edited by Aqua65: 01/12/21
 
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Last
26.0¢
Change
-0.005(1.89%)
Mkt cap ! $251.5M
Open High Low Value Volume
26.5¢ 26.5¢ 25.5¢ $504.5K 1.938M

Buyers (Bids)

No. Vol. Price($)
2 137997 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 551941 10
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
26.5¢
  Change
-0.005 ( 1.81 %)
Open High Low Volume
26.0¢ 26.5¢ 25.5¢ 1215893
Last updated 15.59pm 03/05/2024 ?
AIS (ASX) Chart
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