"Bell Potter maintains a speculative buy rating on Aeris Resources (ASX:AIS) and has a 12-month price target of $0.30
Speculative buy rating is maintained as AIS is a copper dominant producer with all its assets in Australia. It’s near-term outlook is highly leveraged to the copper price and increasing grades and production at the Tritton copper mine. Successful delivery offers significant upside and a strategically attractive asset in Tritton, hence the buy rating is maintained."
About in line with my thinking, a tad under on the 12 mths IMO, it could be considerably more IF the cash position allows to essentally dismiss much of the debt, if so two things would have happened, production smooth. margin good and the resultant bank balance.
Cheers Phil.
I thought someone had posted this but did not find, apologies if so.
AIS Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
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