AIS 2.86% 18.0¢ aeris resources limited

Ann: TORRENS EXPLORATION UPDATE, page-10

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  1. 4,839 Posts.
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    Hi HJ

    I posted this link in an earlier thread... Bell Potter Research pdf Personally I believe it is a reasonable valuation for AIS. In a nutshell... putting Torrens to one side.... if the $AUD and the price of Cu remain as is, then, in 18 months time AIS will be debt free.
    This morning's Kurrajong announcement indicates good prospects for AIS to extend the mine-life of the current operation.... so a sound if somewhat unexciting company on that basis.

    However, I am in this for the Torrens project.... as @Davisite points out, AIS is a one-way bet on the outcome.
 
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18.0¢
Change
0.005(2.86%)
Mkt cap ! $193.5M
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17.5¢ 18.5¢ 17.5¢ $213.4K 1.185M

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No. Vol. Price($)
2 24856 18.0¢
 

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19.0¢ 106134 7
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