XAO 0.77% 8,633.1 all ordinaries

Short Term Trading Weekend Lounge: 25-28 Jan, page-90

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    STTCOMP AIS FA long
    Aeris Resources [marginal copper producer NSW]
    MC $100m Debt $40M Cash in bank $20M
    SP ~21 cents

    Drilling has commenced at the Torrens Prospect. The target anomaly starts from 400m's down, the drill should intersect it sometime in the next 10 days when the first cores will be retrieved. If visible copper is reported should excite plenty of speculative interest... otherwise will be about 5/6 weeks for first assay results.
    Last edited by Dazedandconfused: 28/01/19
 
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