I think the reason AIS is assigned such a low value by BP and E is due to their assumption all the copper reserves available will run out in 3 years. With the buoyant copper prices, AIS will be mining far longer than that. Based on an AISC of A$3.70/lb and with current Cu prices at A$6.27/lb, AIS will be a cash cow if they can continue to produce 50Mlbs of Cu concentrates in a year. This DCF model is from Simply****street.
A$0.91 is therefore not unrealistic and I think we will get there when we prove a prolonged mine life.
I think the reason AIS is assigned such a low value by BP and E...
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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¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 551941 | 10 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
26.5¢ |
Change
-0.005 ( 1.81 %) |
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| Open | High | Low | Volume | ||
| 26.0¢ | 26.5¢ | 25.5¢ | 1215893 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| AIS (ASX) Chart |