arco
action-reaction
- Joined
- 13 February 2006
- Posts
- 304
- Reactions
- 34
AIS could also be a potential play on copper which looks promising for more higher moves - perhaps 1000-1100
AIS - Aeris Resources
- Thread starter System
- Start date
- Joined
- 25 July 2016
- Posts
- 320
- Reactions
- 636
I like it .. and own it.
arco
action-reaction
- Joined
- 13 February 2006
- Posts
- 304
- Reactions
- 34
Aeris got a mention on Livewire today
Aeris Resources (ASX: AIS) - a junior copper miner sits 3rd behind OZL and SFR. Unfortunately, Oz Minerals is under a takeover offer at a premium from BHP so AIS looks to have the best risk/reward and upside of the 3. Aeris has 5 tenements with 4 in production in 2023. The combined mine life of the 5 projects is 18 years with 57-71kt of production expected from the group next year and 780kt in reserves.
Aeris Resources (ASX: AIS) - a junior copper miner sits 3rd behind OZL and SFR. Unfortunately, Oz Minerals is under a takeover offer at a premium from BHP so AIS looks to have the best risk/reward and upside of the 3. Aeris has 5 tenements with 4 in production in 2023. The combined mine life of the 5 projects is 18 years with 57-71kt of production expected from the group next year and 780kt in reserves.
- Joined
- 12 January 2008
- Posts
- 7,165
- Reactions
- 17,727
Aeris raising $30M @ 0.11 Share price drops to near that price. This cap raise will remove debt but will this move investors to buy?
Ever since the very heavy rainfall caused floods this copper miner hasn't attracted investor demand for most of 2023.
I'm watching the chart for signs of a price reversal but it not there yet.
Ever since the very heavy rainfall caused floods this copper miner hasn't attracted investor demand for most of 2023.
I'm watching the chart for signs of a price reversal but it not there yet.
- Joined
- 20 July 2021
- Posts
- 10,969
- Reactions
- 15,237
yes am watching and thinking , but not rushing to buy extra ... yet
will be watching for a dip below 10 cents , otherwise i will consider taking up my entitlement , since i already hold a few ,
but be careful they might keep the capex up for a while while they expand exploring and drilling , also bad weather is relatively common out there , factor in weather related disruptions
- Joined
- 21 August 2008
- Posts
- 2,784
- Reactions
- 8,524
Seen this from the 29th Dec on Stockhead
ASX Announcement today
Market Index - ASX Stock Quotes, Charts & Analysis
Complete overview of the ASX share market. Get today's stock quotes, tips, broker consensus and upcoming floats.
www.marketindex.com.au
You most likely knew about these events, in your view will they have any impact on AIS ?
I guess this would be causing some of the selling pressure at the moment. I took a small position in this during the capital raising when the price was depressed, hoping for an increase in the copper and gold price. Gold seems to be improving but the copper price seems to be going the wrong way.
I like buying into companies during or after a capital raising, quite often can pick up some good bargains, however AIS probably needs those better prices after rather a poor year where they had to put their Jaguar mine on care and maintenance. SOL seems to have confidence in them.
I like buying into companies during or after a capital raising, quite often can pick up some good bargains, however AIS probably needs those better prices after rather a poor year where they had to put their Jaguar mine on care and maintenance. SOL seems to have confidence in them.
- Joined
- 21 August 2008
- Posts
- 2,784
- Reactions
- 8,524
Looking at the chart it will be interesting to see if the CR buyers that brought in @ 0.11 sell at that 0.15 area ( 36% profit ) or hang in there for better days.
The 0.15/0.16 level does look like a starting point to get above to build some confidence for the shareholders.
The 0.15/0.16 level does look like a starting point to get above to build some confidence for the shareholders.
- Joined
- 20 July 2021
- Posts
- 10,969
- Reactions
- 15,237
SOL tends to invest in patience/confidence testers sure most of them come good in a few ( or several ) years , but boy oh boy , not so easy if you suffer from ulcers
( i hold AIS and SOL )
i still have a top-up order in @ 10 cents ( if it never gets hit , no problems i already have a handful )
( i hold AIS and SOL )
i still have a top-up order in @ 10 cents ( if it never gets hit , no problems i already have a handful )
- Joined
- 20 July 2021
- Posts
- 10,969
- Reactions
- 15,237
yeah , a bit of a shame
i have a sub 8 cent order in the market for extras
oh well maybe in March
- Joined
- 12 January 2008
- Posts
- 7,165
- Reactions
- 17,727
AIS going higher as the copper price trades higher.
- Joined
- 20 July 2021
- Posts
- 10,969
- Reactions
- 15,237
Yes pretty highly leveraged to the copper price and with gold also showing promise might be a good little run for them.
Dona Ferentes
A little bit OC⚡DC
- Joined
- 11 January 2016
- Posts
- 15,068
- Reactions
- 20,435
up this week on a HLX announcement.
longer term?? thx finicky
.
longer term?? thx finicky
.
Quarterly not well received, seems to be mainly because of the lower production at Tritton. Increased copper and gold prices will have a bigger impact next quarter, so some of this selling may be premature. I think the copper price still has a while to run.
