AEE 2.86% 17.0¢ aura energy limited

Ann: Capital Estimate Update-Zero Emission Tiris Uranium Project, page-21

  1. 7,212 Posts.
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    "Zero emission" lol

    Nice bit of greenwashing from AEE. Zero Emission is promoted in the headline but the updated DFS doesn't give details how this will be achieved or calculated, For example the DFS says:
    "Power will be supplied by series of diesel generator power plants at key process sites. The power supply for the main processing plant and camp will be supplemented by 50% solar generation capacity.'

    "A 2,160 kW solar power plant will provide most of the permanent plant electricity during daylight, with solar supplying 30% of the total energy consumed per year. "

    Water
    AEE are yet to confirm they have sufficient water and the source. As such, has a water pipeline been adequately covered in the DFS for OpEx and CapEx? Further, will AEE get permits? One only has to look at the protests during PDN's construction phase for clues. The DFS gives mixed signals:
    "Water will be sourced and pumped from remote bores and pumping station within a 30km radius of the main processing facility. "

    "Aura has undertaken a significant program of water study and review which identified a number of major structures likely to host water and included a program of ground geophysics over 24 structural targets within 50 km of the proposed plant"

    Is it 30km or 50km?

    "Once the project go-ahead is given and design is resolved, additional approvals will include:- • Water approval permit to draw water."

    "The water testing and development program will continue for a period of time beyond the completion of the DFS and during construction."

    The DFS states 0.5-0.6Gl (500m-600m litres). AEE trumpet 1 bore as delivering 15k litres/hour. But over what time period? Bores take time to recharge; there isn't a constant flow. And what was the flow of the 2nd bore which found water? It is the omissions which are more telling.

    All imo
 
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