A top mining jurisdiction, what are you smoking?! In the entire country they have a total of 12 mines, by comparison Western Australia alone has 150+. They are not a mining friendly jurisdiction - 9 years for a small iron ore mine says it all. The public turnaround in support will quickly disappear, it's one thing for the public to want nuclear power plantsbut when it comes to digging up radioactive mud in their backyard their sentiment also changes rapidly.
All this talk about a re-rate on news - why would investors attribute any value and want to buy AEE now based on a mine that at best won't be mining U in the next 10 years?
AEE Price at posting:
22.5¢ Sentiment: None Disclosure: Held
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