AEE 3.70% 14.0¢ aura energy limited

Sweden were the first to cancel orders of nuclear from Russia...

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    Sweden were the first to cancel orders of nuclear from Russia and it will be sourced from elsewhere. Sweden's government have mentioned restarting 2 of its shut-down nuclear power plants in 2024-2025 , they are also developing and partially funding a design of a lead cooling small modular reactor. As we can see their sentiment towards nuclear energy has changed quite rapidly, on top of this last month they announced approval for a nuclear waste storage facility. If the ban was reversed by the next government in the September 2022 election Aura's rerate would be rapid with over 800 mlbs resource being the world second largest deposit. Current SP only accounts for Tiris.
    We haven't heard nothing about the compensation case which stopped due to covid, are they in talks with the current Government, one would think so and is all the quietness not wanting to upset the apple cart incase there is a decision to reverse by the next government.

    Just my own thoughts DYOR.
    Last edited by turtlespeed: 25/02/22
 
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