FAKE NEWS?, page-11

Exactly how can you mine vanadium and leave the uranium?

During my due diligence of AEE it was quite clear that there was some sovereign risk to be factored in relation to the Haggen project. The fact that (from memory) Sweden has the worlds largest and third largest unmined uranium deposits (Haggen being 1 of those) should beg the question - why? A bit of digging in relation to Sweden's short and unsuccessful history with uranium mining, coupled with the supposed negative public sentiment towards it, can help to contextualise the sovereign environment in which AEE must navigate.

I feel that management putting Haggen in the spotlight has worked against them shareprice wise in the short term, because they have diminished the importance/value the market attributes to the African assets, and have levered the SP to the success or otherwise of Haggen. The market absolutely hates uncertainty and is speaking with their feet with respect to the SP.

Some certainty and confidence is definitely needed from here. AEE was always undervalued on paper based on the project resources, but it's the risk of the unknown that is weighing on things. I hope for holders that certainty does come