AIS 5.88% 18.0¢ aeris resources limited

Ann: CORPORATE UPDATE AND FY24 GUIDANCE, page-91

  1. 11,748 Posts.
    lightbulb Created with Sketch. 583
    I hope the full story comes out on who knew what and when on this Jaguar acquisition, the asset is valuable, if copper does anything like the demand story is suggesting and you have the cash to develop it, someone will want it because it has 840,000 tonnes at 2.28% copper, 4.66% zinc and 61 g/t silver, with near 90% in measured/indicated categories, Aeris confirmed 19000 tonnes of copper metal only last month, which given what just occurred is rolleyes.png.

    Aeris have other sought after assets with more than 6 projects and JV's, for me it all depends on SOL.... do they support AIS ? on what I see right now I would say yes that is their intention with the two year working capital injection, sure its a steep ticket, but if copper plays nice its not a killer. Anyway they now have a bob each-way, they will not be the losers no matter what. I know we have retail buyers who have posted here, I do wonder who sucked up the 40m to 50m volume.

    Cheers
    Phil.

 
watchlist Created with Sketch. Add AIS (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
0.010(5.88%)
Mkt cap ! $174.1M
Open High Low Value Volume
17.0¢ 18.0¢ 17.0¢ $298.9K 1.721M

Buyers (Bids)

No. Vol. Price($)
1 44989 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 803964 11
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
AIS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.