Bugis,
I have held Aeris right back to the Straits Resources days. Others on this thread would have as well. The Tritton mine and it's plant is a wonderful asset but it has always been under corporate duress. If Aeris was a tight little company with just Tritton and no other distractions (including Torrens), it would be a corker. We just need to find another ten million tonnes of ore within ~50km of the plant - IMO it is sitting there ready to be found. Whilst the present water issue is a worry, we cant drown in that. Where we may drown is in the debt. I suspect there is not much happening at present. Everyone is moving very steadily and breathing quietly so the roof of debt does not topple down.
I have always been a strong advocate of this company. Heads we make a ten bagger - tails we lose everything.
All IMO DYOR LoC
Ann: AGM PRESENTATION, page-17
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