Great to see the much-needed increase for in-fill drilling. The previous lack of measured mineral resources has likely been a limiting factor for Aeris, particularly when it comes to long-term mine planning and reserve conversion. Encouraging to see such a substantial ramp-up in drilling activity this year. Aeris is poised to drill more in this financial year alone than in the past four years combined; a timely and necessary move. Hopefully this contributes to a re-rate.Also liking the proposed extensions for Cracow, although the low end of guidance & the continued declining production there is a concern which needs to also be addressed.
Glad to see management has earmarked some greenfield + brownfield areas (Andre discussed this in the April/May update) to target.
AIS Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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