AIS 7.41% 25.0¢ aeris resources limited

AIS - EW Chart, page-1987

  1. 459 Posts.
    lightbulb Created with Sketch. 102
    Howdy Alex, I'll leave the Round Oak question to the far more qualified folk here on the forum but perhaps Whiteman & myself can offer some hope in the charts?

    Here's a 4yr comparison highlighting the correlation between stock & commodity. Some might say it's loose but I think we can agree it's there...just that the stock is far more volatile...which we expect, especially with the occasional bad news ann thrown in!

    https://hotcopper.com.au/data/attachments/5479/5479428-ecb575849d844ae7ca7d078922e790e2.jpg
    That said, copper is moving in the right direction & I personally expect AIS to follow suit...all be it in its own good time but I do think your 18mth target is far from unreasonable.

    https://hotcopper.com.au/data/attachments/5479/5479467-25e07c4e156b8dafedfc5915f49f6be8.jpg


 
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