AIS 0.00% 23.5¢ aeris resources limited

Ann: NOOSA MINING CONFERENCE PRESENTATION, page-8

  1. 13,234 Posts.
    lightbulb Created with Sketch. 555
    Not right now. AIS copper AISC per lb is $5.10 while market price (delivered) is $3.3/lb means AIS is making huge losses.
    ..
    Technically it is far better to shut down entire operation and wait for price to recover at least AIS will not make losses.
    ..
    No wonder why AIS was debt ridden for almost 2 decades.
    ..

 
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