AIS - Aeris Resources

[rcm617]

With copper prices coming off their highs AIS price has also come off their high in the middle of the month. Seems to be stabilizing in the high 20's, am still hoping for a higher copper price soon with the reported shortage of copper and high demand. Sold my parcel and am looking for a re-entry.

 

[rcm617]

AIS dropping further with copper prices not showing any signs of improving this month. Had a small uplift after outlining their exploration drilling update but has since continued to drop. Need copper and gold price to lift to get a bit of positive movement.

 

[divs4ever]

AIS dropping further with copper prices not showing any signs of improving this month. Had a small uplift after outlining their exploration drilling update but has since continued to drop. Need copper and gold price to lift to get a bit of positive movement.

getting back onto targets would do better , won't be that long before the wet season again ( and more challenges )

i hold AIS

 

[rcm617]

Another month of decreasing price with Cu price back in the doldrums. Came out with quarterly and guidance for 2025 yesterday and seems like business as usual. Needs the price of Cu, gold and silver to lift to head back up again.

 

[divs4ever]

Copper prices are back below US$4/lb – and that's a problem for ASX copper stocks​

Copper prices are back below US$4/lb – and that's a problem for ASX copper stocks

ASX-listed copper stocks are priced for higher copper prices, with valuations assuming significant price increases in coming years.

www.marketindex.com.au

i hold AIS

and have a low-ball ( sub 10 cents ) order in the market

hmmm typical of a company SOL invests heavily in , a slow grinding time to ( a possible ) profitability

( BTW SOL is the lender of that debt so they are fairly committed , holding about 30% of the shares also )

 

[divs4ever]

my selection for the September 2024 comp.

please note i have a low-ball order already in the market

this looks like it will be a slow grinding test of patience , typical of a company SOL takes a large position in

i hold AIS

( more likely to win the Wooden Spoon than the other trophy for this pick ,this month )

good luck everyone

 

[rcm617]

At least numbers are improving from last year, however the copper price will have to increase for them to make a profit, something I'm getting less confident about. At least gold seems to be heading in the right direction.

 

[rcm617]

AIS has done well this month, up about 30% as interest in the miners increased. Congratulations to @divs4ever for picking this in the monthly competition. Unfortunately I haven't reinvested after selling out a few months back.

 

[divs4ever]

AIS has done well this month, up about 30% as interest in the miners increased. Congratulations to @divs4ever for picking this in the monthly competition. Unfortunately I haven't reinvested after selling out a few months back.

i started buying this in November 2021 ( i believe before SOL moved onto the board )

AIS may have made me look good this month , but i expect a long hard grind before it is a success story

 

[rcm617]

Came out with their quarterly this month and seem to be keeping costs under control. Gold price increase is helping with Cracow being the shining light. Hasn't helped the share price much with the price drifting slightly lower.