in a nutshell a green world needs Uranium !! years back aura had 2 uranium projects haggan in Sweden and the current Tiris in Mauritania the Swedish project was hailed as one of the largest uranium deposits the elephant ! possible 800mlb-1200mlb resource and the plan was to produce Tiris to fund haggan but after spending millions on the project the pin was pulled uranium mining ban people power court case to recover costs still pending to my knowledge then it went down hill at the same time Germany went no more nuclear energy which is going to reverse that decision ? Kazakhstan flooded the market with uranium ! Hard to raise money on a commodity that stinks the whole sector suffered aura had to go to loan sharks which destroyed the sp
Now the focus is its flagship Tiris low capex with offtake funding and a new team to advance the project !
AEE Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
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