Stockman has about A$10 billion worth of contained metal. The increase in recovability due to the Albion process should increase future profits by more than $1 billion. But only if Aeris can actually get the project started.
We need the cashflow from high grade Avoca tank (3.4% Cu) to pay off all the debt and fund the development of Constellation. And then the profits from Constellation to fund the development of Stockman.
But so far, Aeris has stuggled to get high volumes of ore out of Avoca tank. Hopefully this June quarter, Aeris can produce 6800 tonnes for the whole Tritton site, as predicted by miningnut.
Stockman has about A$10 billion worth of contained metal. The...
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Last
20.0¢ |
Change
-0.010(4.76%) |
Mkt cap ! $193.6M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.0¢ | $518.5K | 2.508M |
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| No. | Vol. | Price($) |
|---|---|---|
| 11 | 223020 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 246258 | 7 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| AIS (ASX) Chart |