AIS 0.00% 25.0¢ aeris resources limited

Ann: TURBO (JAGUAR OPERATIONS) MINERAL RESOURCE UPDATE, page-6

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    Taking into account the higher zinc grade and slightly lower copper grade, the average grade of the Turbo mineral resource has improved by about 4% since December 2021. This is a good result, probably increases the net present value of the company by at least $10 million. Aeris might start mining Turbo lens in 2024 or 2025, so you will have to wait till then for the high grades to show up in the cashflow statement and share price.


 
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