AEE 0.00% 15.5¢ aura energy limited

Come and get em, page-7

  1. 4,312 Posts.
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    Hi Oliver_11,

    I'm not privy to the timing of the results but I expect them to come out in stages. There are a lot of drill cores to assay and they need to do the job right. Having said that, I'm sure the Board know the SPP's success depends in part on market sentiment and would love to release results if/when they are ready.

    I believe the Chairman's address in the Prospectus spells out very clearly, the path forward and the potential to value add in coming months/years, so now it's crunch time. If investors want to be involved in the SPP, they will need to trust in the ability of the board to deliver and apply for their rights. Otherwise, there will be no point in them complaining if/when the shortfall is taken up by others.

    I don't believe the current selling is any indication of market sentiment toward Aura's projects but rather a reflection of the SPP. Some are selling to take up their rights and gain the options. The current SP is an absolute bargain and I have been buying more this week.

    Share holder's need to remember that the assays may not be ready before the 21st May, so better get your money ready if you want to be involved.
 
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