Setting aside the slump in vanadium prices and uranium prices not yet where we want them to be, and issues with water ( all of which I concede could be show stoppers), I actually see some good progress going on behind the scenes. I think there could be some nice developments in Sweden given time and uranium will rise.
Its just a crappy time for juniors in this space to try and find money, but these two assets, plus the gold tenements are, in my view some good quality assets, perhaps a bit ahead of their time, hence the share price travesty.
But I certainly would not be selling now. $14m market cap is pitiful. These have been in the bottom drawer for a while, swaddled in bandages to mop up the blood, but I can see light at the end of the tunnel.
AEE Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)