I love facts ... lets have a few...
Current Cu price in AUD is $3.897 lb. AIS all in cost is $3.51 lb for forward production 2019. Estimated production is 24,000 tonnes. The numbers I get from the above are (3.897 - 3.51) x 2200 x 24,000 = $20,433,000 expected profit for AIS in the coming 12 months.
Add to that AIS is currently drilling the brownfield deposit looking to extend the mine life.
Certainly someone is selling. But they must be doing so for their own peculiar reasons... nothing to do company fundamentals.
Torrens is not even included in the above calculations.
Ann: Results of AGM, page-20
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $193.5M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.5¢ | $213.4K | 1.185M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24856 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 106134 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AIS (ASX) Chart |
