1. Paladin acquired Langer Heinrich in August 2002. I don’t see the point using their SP before that time as an example. Just sounding slightly misleading tbh.
2. Size of projects are world’s apart.
3. Jurisdictions are world’s apart. Namibia is Uranium tried and proven. Mauritania?
4. I’ve done my research here. I Called a sell on it multiples higher. Hindsight says my research is correct and even @ such a low MC/EV I’m favoring further pain to come.
5. You can try rally the troops to control the supply side all you want but the market forces will always prevail. The monkey on the back is the balance sheet and Aura haven’t got a great deal of leverage. At the moment it looks like ASEAN are the difference between 0.5c and and a complete write off. There are Similar bids in @ 0.4 that were dumped into @ 0.5c and all the way down for that matter. Turns out those were ASEAN’s bids.
6. A lesson learnt for many for trying to gamble on ‘cycle bottoms’ in a heavily depressed commodity.
AEE Price at posting:
0.5¢ Sentiment: Sell Disclosure: Not Held
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