AIS 10.0% 18.0¢ aeris resources limited

Sep22 quarter predictions, page-90

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    My estimate of Cash at bank at 30Sep of A$30mil assumes they have paid the full amount of A$13mil for stamp duty on the purchase of Round Oak - sometimes Stamp Duty is delayed as it's assessed by State Govt Revenue Depts and the agreement covers assets purchased in three different States so each asset has to be individually valued/assessed - maybe there's also an argument as to the true value/market value of the AIS shares paid to the seller at the time the sale was completed.
    I believe the working capital facility from ANZ is still the original A$20mil that is hopefully still undrawn - the ANZ facility to cover bonding was increased on the purchase of Round Oak.
 
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