AEE 3.70% 14.0¢ aura energy limited

AEE chart thread, page-3

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    And a bit of a rundown on some key numbers.

    Aura Energy Ltd
    Updated 23/4/18

    Ticker: AEE
    NB dual listing UK AIM, ticker AURA

    Latest presentation: November 2017 https://www.asx.com.au/asxpdf/20171116/pdf/43p941mw0sgpny.pdf

    Focus

    Uranium - Mauritania, West Africa
    Vanadium, cobalt, nickel - Haggan, Sweden
    Gold - Mauritania, West Africa

    Tenements in Sweden are also prospective for copper, uranium, molybdenum, zinc, neodymium.

    Key numbers
    Current SP: 2.9c (52 week h/l 3.5c/2c)
    Market cap (at 19/Apr): $28.29 million
    EV: $24.7 million
    Shares on issue: 975,364,479 (NB: a further 81.7m to be issued at a later date if approved by shareholders, bringing SoI to 1.06bn).
    Free float (est): 292 million (30%)
    - Top 20 holding 70%. See Top 20 as at September 2017 here
    - Directors hold est 3% excl options
    Cash position (est): $3.6 million
    - Cash at bank from last qtrly: $594,000
    - Cash burn from last qtrly: $655,000
    - Cash from further placements, options conversion since qtrly: $3,700,000 (placement)

    Oppies: Nil listed, NB: oppies from the placement are unlisted
    - 56.5m unlisted oppies issued with Tranche 1 placement, exercisable at 3.3c exp Sep 2019
    - 40.85m unlisted oppies yet to be issued (Tranche 2), same terms
    - Management hold varying performance options, average around 2.5c strike, exp dates vary but all exp in 2018. See latest 3B


    Immediate ST trading considerations
    Placement on 29/3 for $3.7m https://www.asx.com.au/asxpdf/20180329/pdf/43stkjwk1g6hgf.pdf

    Placement conducted on 29 March 2018. 194m shares in two tranches:
    1. 113,000,000 have been issued (84m on 5 April and 28m on 17 April) as they do not require shareholder approval.
    2. 81.7m to be issued subject to shareholder approval at a later date. Date not confirmed. Note AIM listing, which might see some of these shares listed on AIM, not ASX. Checking this with company.

    I believe all 113,000,000 placement shares have mostly churned through by now:
    - 110 million shares were churned in the two weeks from the issue of the first 3B on 5 April to close of trade on 13 April.
    - 320 million shares were churned from 16/4 to 23/4.

    Note, all of this is opinion only, please don't use this as investment advice. Feel free to add or correct as you see fit.

    Thought I'd share this here, cheers guys, have a good day tomorrow.

    Dan
 
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Last
14.0¢
Change
0.005(3.70%)
Mkt cap ! $103.8M
Open High Low Value Volume
14.0¢ 14.0¢ 13.5¢ $109.5K 785.8K

Buyers (Bids)

No. Vol. Price($)
11 782608 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 10459 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
AEE (ASX) Chart
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