AEE 3.57% 14.5¢ aura energy limited

Ann: Aura Energy to Recommence Trading on the ASX, page-133

  1. 7,323 Posts.
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    Short term mindset?

    Hardly. I have been deriding this stock for 3-4 years and have provided research to support my view.

    I was initially drawn to AEE in 2017 as I thought it was under-valued. But then I dug deeper into it and realised at the time it was more akin to a life style company as PR was on huge $ for a micro-cap and the company consistently missed deadlines.

    This will never get mined. Why? Not enough water. I have provided calculations on this in previous posts. Have a read if you want to provide an alternative argument. Hint: There is a reason why they only drill for water during the wet season. Which is fine if they only wanted to be in production for 3 months of the year.
 
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