AIS aeris resources limited
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wow... afaik the fear with AIS was the FULLY DILUTED registry...

  1. mr_delta
    7,854 Posts.
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    01/03/18
    09:28
    Post #: 31438693
    wow... afaik the fear with AIS was the FULLY DILUTED registry scenario which now seems to be drastically reduced from 934.1m to just 467.0m  -

    Total Debt was $84.1m  which now stands at  $49.2m - a massive reduction of $ 34.9m

    And the icing on the cake is that the Copper Price Participation Agreement is now gone. So if Copper price go above $8K / ton, we get the full advantage of it and it will not  be shared now.

    I request someone (@rocket973 @Scythevex ) to please confirm this... at first read, this restructure looks great and the true potential of AIS can now be realised - mainly with the less number of SOI now to happen...

    should make for a good 2018 and beyond!!! was waiting for a very long time to top up and I think that may soon happen now with the clarity around debt

    your sentiments guys???
    AIS Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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