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26.0¢ aeris resources limited

If using current metal prices, NSR looks way higher than the...

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james70

361 Posts.

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28/04/22

13:14

Post #: 61070864
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Originally posted by Dr3am3r: ↑

This is from the resource statement just released. Looks like on top of having copper and gold, the interesting part is there's some base metals as well which should help costs as credits. That Zinc resource figure looks pretty big to me? A resource of 1 million tonnes with ~70% in the measured and indicated category, that is some serious credits right there with the Zinc price hovering around the $4200 to $4300 USD/t right now?

Rough finger in air calcs:

1) Copper 454kt x $9900 USD/t = $4.5B USD
2) Zinc 1047kt x $4200 USD/t = $4.4B USD
3) Lead 135kt x $2200 USD/t = $0.3B USD
4) Silver 36174koz x $23 USD/oz = $0.8B USD
5) Gold 675koz x $1883 USD/oz = $1.27B USD

The contained metal of Zinc is worth about the same as copper by itself. Numbers look pretty good to me? Please point out any errors in the numbers. The proof in the pudding will be whether they can make any money as the last few quarters of Tritton have been quite disappointing with regards to costs. Hoping these base metals credits will help us make some good money to unleash these shackles

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If using current metal prices, NSR looks way higher than the table.

AIS Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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Last 26.0¢		Change -0.005(1.89%)		Mkt cap ! $251.5M

Open	High	Low	Value	Volume
26.5¢	26.5¢	25.5¢	$504.5K	1.938M

Buyers (Bids)

No.	Vol.	Price($)
2	137997	26.0¢

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Price($)	Vol.	No.
26.5¢	551941	10

View Market Depth

No.	Vol.	Price($)
1	100000	0.260
15	505470	0.255
20	478081	0.250
8	376577	0.245
14	383602	0.240

Price($)	Vol.	No.
0.265	551941	10
0.270	171919	5
0.275	189130	8
0.280	142589	6
0.285	146775	5

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 26.5¢			Change -0.005 ( 1.81 %)
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