AEE 7.69% 14.0¢ aura energy limited

Mining Global article, page-5

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    The interview must have taken place well before the announcement of 30 August '17 where the opex is reduced to estimated $19.40/lb. He's still saying $30/lb here.

    More alignment with Chinese demand...."and we’re progressing on uptake arrangements with Chinese nuclear utilities who will need a good deal of this material going forward. You’ve really got to be in China if you want to make sure you’ve got those uptake contracts over a period of one to two decades.”

    So, there have been talks with Chinese govt. on off-takes. I expect some strong expressions of interest from the Chinese once we have a DFS, and not necessarily only to buy yellowcake.

    This will position well for a Chinese takeover bid IMO. The next year will be big!
 
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