Not quite sure of exact levels but this quarter at current copper prices is going to be quite a cash surplus even at lower production levels. They have quite a bit of cash in the bank at the end of last quarter and i think are somewhat undervalued at current earnings. Fully diluted I think 90 million (10 cents per share) for a company that is now most likely returning $45 - $50 million in free cash flow (annualised assuming $2.70 lb @ US .77 exchange rate and 26,000 tpa production with AISC's of $2.6 lb AU).
Upside is also strong with Murrawombie ramping up and further gains through expected foreign exchange rates. Also copper is forecast to reach US$7000 tonne in the near future so plenty of scope.
All the best to those who hold AIS and lets hope today is a sign of things to come!!!
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $164.4M |
Open | High | Low | Value | Volume |
17.0¢ | 18.5¢ | 16.8¢ | $675.5K | 3.883M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 651375 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 111090 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 644509 | 0.165 |
18 | 592809 | 0.160 |
6 | 522183 | 0.155 |
13 | 808301 | 0.150 |
6 | 845000 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 111090 | 2 |
0.175 | 372664 | 6 |
0.180 | 188888 | 2 |
0.185 | 240149 | 6 |
0.190 | 208381 | 4 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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