AIS 3.03% 17.0¢ aeris resources limited

Ann: ADDITIONAL COPPER HEDGING FOR TRITTON, page-122

  1. 322 Posts.
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    isn't there a cooling off period of a few days. should be standard in any contract. would have been wise to exercise it.

    since copper is bullish at the moment plenty of people spending millions hoarding and depleting copper supply which does not go out into production/manufacturing which in turn even further increases the demand and consequently the price.

    only going to get worse i.e price will keep heading north.

    going off your table monark - that's 245 MIL income from the copper side along. whats the cost of production? AIS should be clearing say 80 MIL in profit per annum give or take.

    take away the hedge mid year and increased copper prices paves the way for a wild ride ahead ladies and gentlemen. last chance to buy your ticket. going to be hell of a ride.

    then we have the $$ rolling in from the Gold too. will be difficult for management to stuff this up.

    exciting times ahead
 
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