AEE 10.0% 13.5¢ aura energy limited

Pretty sobering metrics any which way you look at them; it...

  1. 1,418 Posts.
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    Pretty sobering metrics any which way you look at them; it simply is huge!

    Biggest issues are progression along the developmental pathway.
    Mauritania is the shorter term cash cow, Haggan is the elephant in the room in the 5-8yr term.

    I believe the gold and uranium at Tiris would take Aura to the 50-$1.00 level within 3yrs, subject to:
    1. U industry really turning; I believe the Cameco / Khazak supply constraints and new sales arrangements will indeed draw the last secondary supplies to an unsustainable level.
    2. Tiris mining
    3. Gold deposit DFS.

    My own expectations are 10c prior to end 2018, 50c in 2019, and $1.00 in 2020.
 
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