AIS 8.33% 19.5¢ aeris resources limited

yes I joined in acknowledgment of poor quarter from Tritton and...

  1. 443 Posts.
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    yes I joined in acknowledgment of poor quarter from Tritton and drop in cash at hand as it’s been explained in almost every Q Tritton is getting deep and grade is a bit more varied and they don’t have other ore bodies to make up the difference at the moment.
    a capital intensive Q pushing into new areas so they can bring these online he said budgergar should be into production by Q4 22, as mentioned also higher shipping costs and some stamp duty etc to pay. All in all yes disappointing but the future is bright they have a very clear vision for Tritton that will substantially improve grade and costs as we will be mining fresh ore bodies and increasing the LOM by many years And Crackow just keeps ticking over doing well. I’m holding 2-3 years min.
 
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