AIS 2.13% 23.0¢ aeris resources limited

Jaguar Restart

  1. 106 Posts.
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    Does anyone have any insights or thoughts on the likelihood of Jaguar restarting?
    Appreciate they had seismic activities which impacted mining and led to the care and maintenance.

    Based on Sep-22 and Dec-22 quarters, in the current price environment this is a $10-15m/quarter FCF generator. Very interested in AIS ability to restore this asset into production.

    Based on the Jorc statement there should be ~5 years left of this asset from the Measured and Indicated category.

    https://hotcopper.com.au/data/attachments/6188/6188372-463cddfd06bd74f9c9b735b3c5139ef5.jpg
    https://hotcopper.com.au/data/attachments/6188/6188386-c5ef4e1bd0b4868d32396bc55970b16b.jpg
 
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