AIS 4.55% 23.0¢ aeris resources limited

Stockman project is at least 3 to 5 years away...Jaguar plant...

  1. 13,234 Posts.
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    Stockman project is at least 3 to 5 years away.
    ..
    Jaguar plant refurbishment require lots of cash and AIS does not have that much cash. From my understanding AIS estimate is around 110 million needed to refurbish old jaguar plant.
    ..
    At some stage during this year, AIS definitely will come back to market for more money (Capital Raising) to fund Jaguar Refurbishment.
    ..
    Also last few months, AIS share price has doubled. Big punters always take profit at no body knows what will happen tomorrow.

    Last edited by sircorp: 12/01/23
 
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