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.
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Technically it is far better to shut down entire operation and wait for price to recover at least AIS will not make losses.
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No wonder why AIS was debt ridden for almost 2 decades.
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Ann: NOOSA MINING CONFERENCE PRESENTATION, page-8
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23.0¢ |
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Mkt cap ! $222.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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|---|---|---|
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