he was told the exploration crew is demobilising, and costs are 120% of budget, with 25% holes completed. It is pretty clear what sort of message he obtained from AIS. No point for ARE to calm investors since the company solely rely on Torrens result, they might as well put everything on the table and restructure the JV term with AIS. They've made it clear that they are willing to continue Torrens drilling at their own cost, if AIS returns the management. IMO AIS should return management to ARE long time ago.
Ann: TORRENS EXPLORATION PROJECT - DRILLING UPDATE, page-22
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Last
21.5¢ |
Change
-0.010(4.44%) |
Mkt cap ! $208.0M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.3¢ | $405.0K | 1.873M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 466278 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 550460 | 6 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| AIS (ASX) Chart |