yes, I hold both... but I feel that if we ever hit commercial grades in the Torrens project, we will not be developing it for sure.... someone bigger will be taking it out of our hands.... and I will not complain in that case... selling out of the Torrens project AFTER hitting commercial success will be the right thing for both AIS & ARE to do...
AIS can get its 70% share of the Torrens Project TO offer and divert it into the current operation or pursue some other exploration - same for ARE... to take the Torrens project any further will not be as prudent - as developing it further will require a few 100m dollars (Which may be easily available depending on what we hit) but a very long term commitment for share holders....
well, that is too much into the future... will be a good problem to have though
yes, I hold both... but I feel that if we ever hit commercial...
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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 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AIS (ASX) Chart |
