AEE 0.00% 14.0¢ aura energy limited

Ann: Half Year Accounts, page-6

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  1. 3,915 Posts.
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    After experiencing the balls-up at Peninsula Energy who are having to switch from an alkaline leach to an acid leach for in-situ extraction at their Wyoming deposit, I would much rather that Aura spend the time getting their process double validated and well proven before launching into construction of the plant and major capital expenditure.
    I fully appreciate that PEN is dealing with quite a different deposit and process but refer to them as an example of what can happen if you are not thorough in testing and proving the process.

 
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