AIS 3.33% 15.5¢ aeris resources limited

Rob Brierleys view of Aeris.

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    Another favourite of Brierley’s is junior producer Aeris Resources (ASX:AIS).Aeris, which has a market cap of $57m, has been in the headlines most recently over its ambitious attempt to acquire Glencore’s CSA mine for about $800m — a bid it wasn’t successful in.“You’ve got to admire their resilience I suppose and their ability to try and take on these huge acquisitions,” Brierley said.“They’re an existing producer from the Tritton copper mine and they’ve been crippled by a whole heap of corporate debt that they’re slowly but surely paying off.“But they’re an interesting company and … because they’re an existing producer, any copper price increase should flow through to their bottom line very quickly.”
 
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