Aeris Resources Ltd (ASX:AIS)
A$ 0.25 0.01 (4.17%) Market Cap: 232.21 Mil Enterprise Value: 271.81 Mil PE Ratio: 0 PB Ratio: 0.88 GF Score: 46/100

Aeris Resources Ltd at 121 Mining Investment London Conference Transcript

May 24, 2022 / NTS GMT
Release Date Price: A$0.640726 (+1.05%)
Andre Labuschagne
Aeris Resources Limited - Executive Chairman

Good day, everyone, and thank you for your time. Sort of just taking a step back just as an introduction. In the last two years, Aeris has started a growth plan, and it has been implemented over the last two years. So two years ago, we had the Tritton Copper Mine producing around 20,000 tonnes of copper. In two years, basically we -- then in July that year, we bought the Cracow gold mine from Evolution.

And that was the start of the transformation of the business. We went from a $10 million market cap company to currently trading over $300 million. And in the last three weeks, we announced another acquisition, which is the acquisition of the Round Oak Minerals assets. And that's what I'll take you through and how that will impact the future of the business.

So we've been talking for quite a while to Washington Soul Patts, an Australian private equity firm, on their assets. They own the Round Oak Minerals business which has got a zinc-copper mine in Western Australia, a copper mine in Queensland, and a project -- copper-zinc

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