There is always a small chance of finding a very shallow high grade deposit that can be scooped up and processed with very little engineering, environmental and mine design costs. It happens sometimes and a big deal for geologists working in any company.
But reality is that some good drill results and followed by more good results is what sets up the company, investors and JV partner that all contribute towards the scoping study, DFS & longer term process of building a mine. Funding and JV exploration agreement is what is needed to reduce risks at this point for AEE. How that gets done is going to be interesting. Exploration is always a speculative investment!
AEE might be tight on funding, like many junior mining companies, but it is also got the uranium project basically shovel ready as the uranium price bounces back. AEE could even do a JV with Uranium project to help fund other projects, like gold or vanadium?
No fancy stories or down-ramping are needed. Just good management when market conditions are difficult & not selling of all the assets cheap. Giving people the impression AEE is having a fire sale is not going to Help in the short term. But it gets attention that AEE may look undervalued.
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AEE
aura energy limited
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There is always a small chance of finding a very shallow high...
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $142.5M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 15.5¢ | $83.10K | 507.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 61372 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 319768 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3949 | 0.160 |
4 | 30208 | 0.155 |
12 | 212565 | 0.150 |
11 | 257190 | 0.145 |
7 | 110628 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 319768 | 9 |
0.170 | 434444 | 7 |
0.175 | 225192 | 5 |
0.180 | 419477 | 10 |
0.185 | 195289 | 8 |
Last trade - 11.28am 01/08/2025 (20 minute delay) ? |
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AEE (ASX) Chart |