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AIS - Aeris Resources

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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.
 
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
 
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.
 

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 )
 
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
 

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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 said:
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.
Click to expand...
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
 
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.
 
rcm617 said:
No improvement this month with copper still in the doldrums. Have got an extension on their loan from the ANZ but need an increase in the copper price to put a rocket under the share price.
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I'm thinking maybe Aeris has cash but prepared to pay contractors using this ANZ bank loan ... stash the copper for bigger price or bigger order?

Buy below value imho. I hold ais.
 
Now that copper is going higher we should expect copper miners to be more in demand. A1M is rallying while AIS isn't.

Nothing amiss in their recent Dec24 report. It appears that investors are waiting for more news on the restart of the Jaguar mine. Restart aspirations are proceeding to feasibility stage.
 
up a bit .. $0.18

Highlights:
.... HY25 results show improvement across all key metrics
− Increased revenue of $292.7 million (HY24: $286.3 million), driven by higher commodity prices and increased gold production
− Lower cost of sales by 15% to $233.1 million (HY24: $272.9 million)
− Gross profit up 347% (HY25: $59.6 million vs HY24: $13.3 million)
− Net profit after tax up 257% of $29.6 million (HY24: loss $18.8 million)
− Positive cash flow from operations of $58.3 million (HY24: $0.1million)

... Net assets up 11% to $302.0 million (30 June 24: $271.8 million)
... Cash and equivalents up to $26.4 million (30 June 24: $24.8 million)
... Drawn debt unchanged at $40.0 million
... Production on track to meet group annual guidance
 
AIS is seeing some demand at last as the share price has perked up with the copper price rally.

Made it into the All Ords and can only go higher.
 
peter2 said:
AIS is seeing some demand at last as the share price has perked up with the copper price rally.

Made it into the All Ords and can only go higher.
Click to expand...
i hold AIS and hope you are correct , but have a low-ball order in the market in case you are wrong , but expect a long hard grind before this is a solid company
 
There was a warning on Livewire that the bullish stance on copper may change as Trump is mooted to early tariff it. Nonetheless AIS is one of their picks.

gg
 
April update for this CY25 selection. Price slowly rising with the rally in copper.

Next news Monday 28th April. Will report back after that.
 
Aeris Resources Limited (ASX:AIS) (Company) - Request for Trading Halt

The Company requests that its ordinary shares be placed in a trading halt from the commencement of trading today, 1 May 2025, pursuant to ASX Listing Rule 17.1.The trading halt is requested pending an announcement by the Company in connection with a debt refinancing and capital raising (to be undertaken by way of placement and an accelerated non-renounceable entitlement offer) (Entitlement Offer).
 The Company requests that the trading halt remain in place until the earlier of:
(1) an announcement being made by the Company about the debt refinancing and completion of the institutional component of the Entitlement Offer; or
(2) commencement of trading on Monday, 5 May 2025.
 The Company is not aware of any reason why the trading halt should not be granted or any
other information necessary to inform the market about the trading halt.Please contact me if you require any additional information

Yours sincerely

Aeris Resources Limited

i hold AIS

i reckon this will be a tough sell

but at least @peter2 will get something to post on this month ( here )
 
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