Also, how is my maths here? I'm open to correction (talking in USD).
kt CU = 856 (measured + indicated + inferred). At $4 a pound. = $7.5B in total CU reserves.
If copper gets to $5USD a pound (very likely imo), this becomes $9.4B in total CU reserves.
My estimates of cost of AISC per pound of copper is circa. $3.50USD (I'm open to correction). A rise to $5USD p.pound triples the margin AIS are making here. There could be a very material adjustment to share price shortly.
As I said, DYOR - I'm open to corrention/input here.
Also, how is my maths here? I'm open to correction (talking in...
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Last
27.0¢ |
Change
-0.010(3.57%) |
Mkt cap ! $261.2M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.5¢ | 26.5¢ | $962.5K | 3.546M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 931200 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 74244 | 3 |
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| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
26.5¢ |
Change
-0.010 ( 5.46 %) |
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| Open | High | Low | Volume | ||
| 28.5¢ | 28.5¢ | 26.5¢ | 1319329 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| AIS (ASX) Chart |