AIS 8.00% 23.0¢ aeris resources limited

Ann: SUCCESSFUL COMPLETION OF RETAIL ENTITLEMENT OFFER, page-13

  1. 12,370 Posts.
    lightbulb Created with Sketch. 1312
    Surely it's better to get Constellation going as the Tritton mill is nearby and the cash would flow much quicker than the Stockman Project?

    AIS needs lots of cash and lots of profit now. Stockman is a 10 year LOM minimum.

    What really pisses me off about Labuschange is that his shit management efforts in the last 18 months has robbed AIS of options/flexibility. Now we are locked into a cashflow desperation shit show instead of contemplating various scenario's for growing the company.

    And can anyone explain the rationality to buy Round Oak?
 
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