Jun22 quarter predictions, page-15

Cheers Bebejo for this infornative update!

Aeris Resources (AIS)Although the demand outlook for copper has softened, we view AIS as currently trading at an extraordinarily deep discount and the most compelling ASX copper exposure. While a smaller, riskier proposition than key peers, it now has an asset portfolio with four producing assets and a key growth asset, providing exposure to copper, gold and zinc. Although a higher cost producer, we forecast AIS to be able to fund its growth through a lower copper price environment. It is debt free and a combination of exploration success and acquisition is driving positive step-changes for mine life extension and production growth, which we believe are not being recognised in the market. Buy, Price Target $0.21