AEE aura energy limited

Ann: Uranium Resource Upgrade Programme Underway, page-4

  1. Zxc
    3,812 Posts.
    lightbulb Created with Sketch. 793
    Looks like we are targeting 70mlb, they are initially targeting 800,000lb production but I suspect that will be a conservative start on the way to 2m+ per year for a mine life of 30 years ++.

    Worth reading this announcement a few times as it is mapping out a bright future for AEE.

    While most of the "popular" Uranium stocks are marginal at best at $65 spot and are 5-10 years away from production with 2-4x our market cap, we will be producing this cycle with low capex, high margins, and as highlighted today, plenty of resource and production upside.
    https://hotcopper.com.au/data/attachments/4273/4273754-42700645843bb571c3c735f5d9400e62.jpg
 
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