AEE 3.70% 14.0¢ aura energy limited

Vanadis IPO, page-24

  1. 1,418 Posts.
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    5:27 - "Tiris DFS should be done by end 2018......"
    I thought this was due for October......."end of 3rd Q" was the last I had.
    I guess this is the reality of not having enough resource; we have to choose what gets done first.

    I think the value of the IPO is extremely speculative to say the least. If the proposed valuations were even half true then we'd have a flood of buying at 2c right now. Doesn't pass the sniff test in my view.
    I think this really means that once Vanadis exists....AND they've done a lot of work to prove up the resource....THEN it may be worth that.

    I remain open to any surprises to the upside!
 
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